Issues of Openness and Flexibility for Foreign Exchange Systems [electronic resource] - Washington, D.C. : International Monetary Fund, 1989. - 1 online resource (36 p.) - IMF Working Papers; Working Paper ; No. 89/3 . - IMF Working Papers; Working Paper ; No. 89/3 .

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.

1451930550 : 10.00 USD

1018-5941

10.5089/9781451930559.001 doi


Exchange Rate Regime
Exchange Rate Regimes
Exchange Rate
Exchange Rates
Foreign Exchange


Antigua and Barbuda
Bhutan
Dominican Republic
Guinea
Hong Kong Special Administrative Region of China

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