Independent Currency Authorities : An Analytic Primer /

This paper provides an analytic overview of independent currency authorities (ICAs), sometimes called currency boards. ICAs issue and redeem domestic currency against an exchange standard on demand and back such operations through a 100 percent marginal foreign reserve cover. They also impose signif...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Osband, Kent
مؤلفون آخرون: Villanueva, Delano
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1992.
سلاسل:IMF Working Papers; Working Paper ; No. 1992/050
الوصول للمادة أونلاين:Full text available on IMF