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...
1. autor: | |
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Format: | Czasopismo |
Język: | English |
Wydane: |
Washington, D.C. :
International Monetary Fund,
2021.
|
Seria: | IMF Working Papers; Working Paper ;
No. 2021/025 |
Dostęp online: | Full text available on IMF |