Determining the Value of a Financial Unit of Account Basedon Composite Currencies : The Case of the Private Ecu /

Evidence from the past three years indicates that the exchange rate between the private ECU and the official ECU Basket can deviate substantially from par. The value of the private ECU is driven by expectations that a future European Central Bank will enforce par convertibility between the private E...

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Bibliografske podrobnosti
Glavni avtor: Folkerts-Landau, D.
Drugi avtorji: Garber, Peter
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1994.
Serija:IMF Working Papers; Working Paper ; No. 1994/072
Online dostop:Full text available on IMF