Do 'Flexible' Exchange Rates of Developing Countries Behave Like the Floating Exchange Rates of Industrialized Countries? /

The paper examines the behavior of daily spot exchange rates for a sample of industrialized countries which are generally considered to be floating with only occasional official foreign exchange market intervention. This behavior is then compared to the behavior of the exchange rates of a sample of...

Full description

Bibliographic Details
Main Author: Wickham, Peter
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2002.
Series:IMF Working Papers; Working Paper ; No. 2002/082
Online Access:Full text available on IMF