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Magical Tome
- First published
- 1991
- Publisher
- International Monetary Fund
- Pages
- 40 pages
- ISBN
- 155775215X
Characteristics of a successful exchange rate system
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About this book
The purpose of this paper is to identify key characteristics of a successful exchange rate system. This paper focuses on the interaction between macroeconomic policy--particularly monetary policy--and the degree of exchange rate flexibility in industrial countries.
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