Evolution of Exchange Rate Behavior in the ASEAN-5 Countries /

This paper examines exchange rate behavior in the ASEAN-5 countries (Indonesia, Malaysia, the Philippines, Singapore, and Thailand). It finds that for the last 10 years there is no evidence that their central banks target particular exchange rate levels against any currency or basket. Thus, contrary...

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Bibliographic Details
Main Author: Klyuev, Vladimir
Other Authors: Dao, To-Nhu
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Working Papers; Working Paper ; No. 2016/165
Online Access:Full text available on IMF