II Exchange Rate Arrangements and Policies in Developing Countries
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Mr. Peter J Montiel
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Bijan B. Aghevli https://isni.org/isni/0000000404811396 International Monetary Fund

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Mr. Mohsin S. Khan
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Abstract

Since the mid-1970s, many developing countries have altered their exchange rate regimes. They have moved away from pegging to a single currency toward either pegging to a basket of currencies or adopting a more flexible arrangement under which the domestic currency is frequently adjusted.

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