Verfügbarkeit: Experience with Floating Interbank Exchange Rate Systems in Five Developing Economies

Experience with Floating Interbank Exchange Rate Systems in Five Developing Economies:

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 dif...

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1. Verfasser:	Galbis, Vicente (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1993
Schriftenreihe:	IMF Working Papers Working Paper No. 93/36
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers
Zusammenfassung:	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
Beschreibung:	1 Online-Ressource (42 p)
ISBN:	1451977948 9781451977943

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spelling	Galbis, Vicente Verfasser aut Experience with Floating Interbank Exchange Rate Systems in Five Developing Economies Galbis, Vicente Washington, D.C International Monetary Fund 1993 1 Online-Ressource (42 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 93/36 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 Online-Ausg http://elibrary.imf.org/view/IMF001/02225-9781451977943/02225-9781451977943/02225-9781451977943.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Galbis, Vicente Experience with Floating Interbank Exchange Rate Systems in Five Developing Economies
title	Experience with Floating Interbank Exchange Rate Systems in Five Developing Economies
title_auth	Experience with Floating Interbank Exchange Rate Systems in Five Developing Economies
title_exact_search	Experience with Floating Interbank Exchange Rate Systems in Five Developing Economies
title_exact_search_txtP	Experience with Floating Interbank Exchange Rate Systems in Five Developing Economies
title_full	Experience with Floating Interbank Exchange Rate Systems in Five Developing Economies Galbis, Vicente
title_fullStr	Experience with Floating Interbank Exchange Rate Systems in Five Developing Economies Galbis, Vicente
title_full_unstemmed	Experience with Floating Interbank Exchange Rate Systems in Five Developing Economies Galbis, Vicente
title_short	Experience with Floating Interbank Exchange Rate Systems in Five Developing Economies
title_sort	experience with floating interbank exchange rate systems in five developing economies
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