Dual and Multiple Exchange Rate Systems in Developing Countries
| Author | : Nita Ghei |
| Publisher | : |
| Total Pages | : 46 |
| Release | : 1992 |
| ISBN-10 | : UCSD:31822007994585 |
| ISBN-13 | : |
| Rating | : 4/5 ( Downloads) |
Book Synopsis Dual and Multiple Exchange Rate Systems in Developing Countries by : Nita Ghei
Download or read book Dual and Multiple Exchange Rate Systems in Developing Countries written by Nita Ghei and published by . This book was released on 1992 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: The parallel exchange rate (whether official or unofficial) and the resulting spread over the official exchange rate are primarily determined by macroeconomic policies. Policymakers should be cautious in adopting dual (or multiple) exchange rate systems, as they provide less insulation for domestic prices than most analysts assume.
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