Exchange Rate "Fundamentals" versus Speculation : The Case of Lebanon.
The exchange rate for the Lebanese pound experienced a protracted period of depreciation from end-1982 to November 1987, followed by a marked appreciation over the following six months. This paper investigates the competing hypotheses that the exchange rate over these two periods was driven by a spe...
Autor Corporativo: | |
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
1988.
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Colecção: | IMF Working Papers; Working Paper ;
No. 1988/109 |
Acesso em linha: | Full text available on IMF |