Series: IMF Working Papers
Author(s): Sami Geadah , Lars Svensson , and Tapio Saavalainen
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 1992
Keywords: exchange rate, exchange rate band, forward exchange, foreign exchange
The credibility of the exchange rate bands in the Nordic countries during 1987-91 is examined with two tests. The results suggest that the credibility of Finland’s exchange rate band within a twelve-month ho...