Dollarization in Transition Economies : Evidence and Policy Implications /

After most restrictions on foreign currency holdings were relaxed in the early 1990s, foreign currency deposits in transition economies have been increasing rapidly. This paper takes a first look at the evidence on dollarization for 15 transition economies, and then discusses some key conceptual and...

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Bibliographic Details
Main Author: Vegh Gramont, Carlos
Other Authors: Sahay, Ratna
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1995.
Series:IMF Working Papers; Working Paper ; No. 1995/096
Online Access:Full text available on IMF