The Parallel Market for Foreign Exchange in an Oil Exporting Economy : The Case of Iran, 1978-1990 /

This paper provides a model for the determination of the parallel market exchange rate premium in a country where oil export earnings accrue directly to the government, and foreign exchange is centrally allocated for the importation of specific goods. Next, it studies the parallel market for foreign...

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Bibliographic Details
Main Author: Mazarei, Adnan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1995.
Series:IMF Working Papers; Working Paper ; No. 1995/069
Online Access:Full text available on IMF