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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Gray, Simon
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2021.
Cyfres:IMF Working Papers; Working Paper ; No. 2021/025
Mynediad Ar-lein:Full text available on IMF