Anticipated Exchange Rate Reforms /

Exchange rate reforms in developing countries have often aimed at floating the exchange rate in an attempt to unify the official and parallel markets for foreign exchange. This paper examines the anticipatory dynamics associated with such reforms. The analysis shows that if the future unified exchan...

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Bibliographic Details
Main Author: Flood, Robert
Other Authors: Agenor, Pierre-Richard
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1992.
Series:IMF Working Papers; Working Paper ; No. 1992/032
Online Access:Full text available on IMF