The CFA Franc Zone and the EMU /

Whether the prospective shift of the peg of the CFA franc to the euro would constitute an exchange rate arrangement with EMU countries would depend critically on the interpretation of the free convertibility of the CFA franc guaranteed by France. Nonetheless, this shift is likely to leave the CFA fr...

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Bibliographic Details
Main Author: Galy, Michel
Other Authors: Hadjimichael, Michael
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Working Papers; Working Paper ; No. 1997/156
Online Access:Full text available on IMF