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...
| Autor principal: | |
|---|---|
| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2021.
|
| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2021/025 |
| Accés en línia: | Full text available on IMF |