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: | |
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2021.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 2021/025 |
| Acesso em linha: | Full text available on IMF |