Floating with a Load of FX Debt? /

Countries with de jure floating exchange rate regimes are often reluctant to allow their currencies to float freely in practice. One reason why countries may wish to limit exchange rate volatility is potential negative balance sheet effects due to currency mismatches on the balance sheets of firms a...

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Bibliographic Details
Main Author: Kliatskova, Tatsiana
Other Authors: Mikkelsen, Uffe
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/284
Online Access:Full text available on IMF