WebOne variation on fixed rates that is common among high-inflation developing countries is the "crawling peg," in which the government announces a schedule of small, discrete … WebJan 29, 2024 · A fixed exchange rate is when a country ties the value of its currency to some other widely-used commodity or currency. The dollar is used for most transactions in …
A Parametric Measure of Exchange Rate Volatility and Its Impact …
WebApr 2, 2014 · The choice of exchange rate regime is a perennial issue faced by emerging markets. Conventional wisdom, especially after the emerging markets crises of the late 1990s, was the bipolar prescription: countries should choose between either floats (the soft end of the prescription) or hard pegs (monetary union, dollarisation, currency board). WebOct 8, 2006 · The paper aims at acknowledging the differences among the most common exchange rate regimes. In that sense, the characteristics, similarities and differences among fixed, floating regime and crawling peg are accentuated and discussed. Keywords: exchange rate regime. JEL Classification: E42, F31. delaware county business search
The Role of Exchange Rates in Monetary Policy Rules
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