Moving to Greater Exchange Rate Flexibility: Operational Aspects Based on Lessons from Detailed Country Experiences photograph

Moving To Greater Exchange Rate Flexibility: Operational Aspects Based On Lessons From Detailed Country Experiences

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Originally published April 30, 2007
AuthorsMs. Inci Ötker
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Date of Upd.
ID1642197
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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. . . .

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