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...
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| Format: | Czasopismo |
| Język: | English |
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Washington, D.C. :
International Monetary Fund,
1992.
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| Seria: | IMF Working Papers; Working Paper ;
No. 1992/050 |
| Dostęp online: | Full text available on IMF |