Moving To Greater Exchange Rate Flexibility: Operational Aspects Based On Lessons From Detailed Country Experiences
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Originally published | April 30, 2007 |
Authors | Ms. Inci Ötker |
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Date of Upd. | |
ID | 1642197 |
About Moving To Greater Exchange Rate Flexibility: Operational Aspects Based On Lessons From Detailed Country Experiences
Many countries have moved towards more flexible exchange rate regimes over the last decade to take advantage of greater monetary policy autonomy and flexibility in responding to external shocks. Some reluctance to let go of pegged exchange rates persists, however, despite the benefits of flexibility. . . .