Recognizing Reality-Unification of Official and Parallel Market Exchange Rates /
Some central banks have maintained overvalued official exchange rates, while unable to ensure that supply of foreign exchange meets legitimate demand for current account transactions at that price. A parallel exchange rate market develops, in such circumstances; and when the spread between the offic...
Главный автор: | |
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Формат: | Журнал |
Язык: | English |
Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2021.
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Серии: | IMF Working Papers; Working Paper ;
No. 2021/025 |
Online-ссылка: | Full text available on IMF |