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...

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Podrobná bibliografie
Hlavní autor: Gray, Simon
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2021.
Edice:IMF Working Papers; Working Paper ; No. 2021/025
On-line přístup:Full text available on IMF