Floating Exchange Rates in Developing Countries [electronic resource] : Experience with Auction and Interbank Markets / Kyong Mo Huh.

By: Huh, Kyong MoContributor(s): Christensen, Benedicte Vibe | Huh, Kyong Mo | Quirk, Peter J | Sasaki, ToshihikoMaterial type: TextTextSeries: Occasional Papers; Occasional Paper ; No. 53Publication details: Washington, D.C. : International Monetary Fund, 1987Description: 1 online resource (48 p.)ISBN: 939934892 :ISSN: 0251-6365Subject(s): Exchange Rate | Exchange Rates | Floating Exchange Rate | Floating Exchange Rates | Foreign Exchange | Dominican Republic | Jamaica | Philippines | UgandaAdditional physical formats: Print Version:: Floating Exchange Rates in Developing Countries : Experience with Auction and Interbank MarketsOnline resources: IMF e-Library | IMF Book Store Abstract: 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.
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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.

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