Exits from Heavily Managed Exchange Rate Regimes /

A widely held nostrum is that countries should exit heavily managed exchange rate regimes when the going is good, rather than when the exchange rate is under pressure to depreciate. Have countries followed this advice in practice? And, if so, how good has the going been? We find that in the past 25...

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Bibliographic Details
Main Author: Detragiache, Enrica
Other Authors: Mody, Ashoka, Okada, Eisuke
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:IMF Working Papers; Working Paper ; No. 2005/039
Online Access:Full text available on IMF