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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Gray, Simon
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2021.
Sraith:IMF Working Papers; Working Paper ; No. 2021/025
Rochtain ar líne:Full text available on IMF