Foreign Currency Deposits : Implications for Macroeconomic Policies /
This paper discusses the relationship between foreign currency deposits and money, and it shows that the indexation of part of the nominal money supply to the exchange rate, as a result of the presence of foreign currency deposits, will increase the inflationary effects of monetary disequilibria und...
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Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
1991.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 1991/108 |
Online Zugang: | Full text available on IMF |