Floating Exchange Rates In Developing Countries Experience With Auction And Interbank Markets


Floating Exchange Rates In Developing Countries Experience With Auction And Interbank Markets
DOWNLOAD eBooks

Download Floating Exchange Rates In Developing Countries Experience With Auction And Interbank Markets PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Floating Exchange Rates In Developing Countries Experience With Auction And Interbank Markets book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page





Floating Exchange Rates In Developing Countries


Floating Exchange Rates In Developing Countries
DOWNLOAD eBooks

Author : Peter J. Quirk
language : en
Publisher: International Monetary Fund
Release Date : 1987-05-15

Floating Exchange Rates In Developing Countries written by Peter J. Quirk and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987-05-15 with Business & Economics categories.


In recent years, an increasing number of developing countries have adopted market-determined floating exchange rates. This development has represented a significant step forward in the evolution toward exchange rate flexibility that has taken place in the developing country group since the adoption of generalized floating by industrial countries in 1973.



Floating Exchange Rates In Developing Countries


Floating Exchange Rates In Developing Countries
DOWNLOAD eBooks

Author : Peter J. Quirk
language : en
Publisher:
Release Date : 1987

Floating Exchange Rates In Developing Countries written by Peter J. Quirk and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with categories.




Floating Exchange Rates In Developing Countries


Floating Exchange Rates In Developing Countries
DOWNLOAD eBooks

Author :
language : en
Publisher:
Release Date : 1987

Floating Exchange Rates In Developing Countries written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with categories.




Experience With Floating Interbank Exchange Rate Systems In Five Developing Economies


Experience With Floating Interbank Exchange Rate Systems In Five Developing Economies
DOWNLOAD eBooks

Author : Vicente Galbis
language : en
Publisher: International Monetary Fund
Release Date : 1993-04-01

Experience With Floating Interbank Exchange Rate Systems In Five Developing Economies written by Vicente Galbis and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993-04-01 with Business & Economics categories.


This paper reviews the experience with floating interbank exchange rate systems in five developing countries--The Gambia, Guyana, Jamaica, Nigeria and Sri Lanka--and draws some conclusions about the stability and efficiency of these systems. The experience of these countries illustrates both the difficulties and the advantages of interbank exchange rate markets. The main conclusion is that these markets can operate relatively well with a minimum banking infrastructure, provided that the authorities remove legal and institutional impediments to the free operation of these markets including, in particular, exchange restrictions. Any residual restrictions that may remain will likely give rise to the continued existence of parallel markets.



Foreign Exchange Auctions And Fixing


Foreign Exchange Auctions And Fixing
DOWNLOAD eBooks

Author : Mr.Arto Kovanen
language : en
Publisher: International Monetary Fund
Release Date : 1994-09-01

Foreign Exchange Auctions And Fixing written by Mr.Arto Kovanen and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994-09-01 with Business & Economics categories.


The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.



Foreign Exchange Auction Markets


Foreign Exchange Auction Markets
DOWNLOAD eBooks

Author : C. J. Batliwala
language : en
Publisher:
Release Date : 1992

Foreign Exchange Auction Markets written by C. J. Batliwala and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Foreign exchange rates categories.




Issues Of Openness And Flexibility For Foreign Exchange Systems


Issues Of Openness And Flexibility For Foreign Exchange Systems
DOWNLOAD eBooks

Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1989-01-01

Issues Of Openness And Flexibility For Foreign Exchange Systems written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-01-01 with Business & Economics categories.


This paper surveys briefly the main issues for official management of foreign exchange, including the choice of exchange rate regime and exchange and trade restrictive systems. It concludes by identifying the main forms of arrangements that have demonstrated their merits and practicability for developing countries in recent years, including auction and interbank exchange markets, market-based forward exchange rates, import license auctions, open general import licensing, and liberalized capital controls.



Official Intervention In The Foreign Exchange Market


Official Intervention In The Foreign Exchange Market
DOWNLOAD eBooks

Author : Roberto Pereira Guimarães
language : en
Publisher: International Monetary Fund
Release Date : 2003-07-01

Official Intervention In The Foreign Exchange Market written by Roberto Pereira Guimarães and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-07-01 with Business & Economics categories.


This paper offers guidance on the operational aspects of official intervention in the foreign exchange market, particularly in developing countries with flexible exchange rate regimes. A brief survey of the literature and country experience is followed by an analysis of the objectives, timing, amount, degree of transparency, and choice of markets and counterparties in conducting intervention. The analysis highlights the difficulty of detecting exchange rate misalignments and disorderly markets, and argues in favor of parsimony in official intervention. Determining the timing and amount of intervention is a highly subjective excercise, and some degree of discretion is almost necessary, though policy rules may serve as "rules of thumb."



Operational Issues Related To The Functioning Of Interbank Foreign Exchange Markets In Selected African Countries


Operational Issues Related To The Functioning Of Interbank Foreign Exchange Markets In Selected African Countries
DOWNLOAD eBooks

Author : Ms.Yin-Fun Lum
language : en
Publisher: International Monetary Fund
Release Date : 1994-04-01

Operational Issues Related To The Functioning Of Interbank Foreign Exchange Markets In Selected African Countries written by Ms.Yin-Fun Lum and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994-04-01 with Business & Economics categories.


This paper discusses the main operational issues involved in the implementation of interbank foreign exchange systems in selected African countries. The countries considered are The Gambia, Ghana, Kenya, Mozambique, Nigeria, and Sierra Leone. The paper finds that exchange rates in these markets tend to be determined through transactions between dealers and clients at the retail level, for the most part, rather than through wholesale interdealer transactions. Additionally, many factors continue to limit the full development of these markets. In particular, informational problems limiting “real time” quotes, inadequate competition in the market, and insufficient regulations to reduce exchange rate risk and encourage “true” interdealer transactions. Despite these limitations, the markets studied have improved the efficiency of foreign exchange allocation and substantially narrowed exchange rate differentials between the official and parallel markets.



Approaches To Exchange Rate Policy


Approaches To Exchange Rate Policy
DOWNLOAD eBooks

Author : Mr.Richard C. Bart
language : en
Publisher: International Monetary Fund
Release Date : 1994-06-01

Approaches To Exchange Rate Policy written by Mr.Richard C. Bart and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994-06-01 with Business & Economics categories.


External sector policies and exchange rate policy are central to a country's economic performance and to the IMF's surveillance functions. The papers in this book, edited by Richard Barth and Chorng-Huey Wong, were presented at a seminar on Exchange Rate Policy in Developing and Transition Economies held by the IMF Institute. They analyze choices of exchange rate regimes, issues affecting management of exchange regimes, and specific types of regimes, including case studies from the former Soviet Union, Africa, Asia, and Latin America.