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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Detalhes bibliográficos
Autor principal: Georgiou, Andreas
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 1991.
Colecção:IMF Working Papers; Working Paper ; No. 1991/108
Acesso em linha:Full text available on IMF