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The GCC Monetary Union

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Source: The GCC Monetary Union : Some Considerations for the Exchange Rate Regime

Volume/Issue: 2003/66

Series: IMF Working Papers

Author(s): Behrouz Guerami , S. Erbas , and George Abed

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

ISBN: 9781451848816

Keywords: exchange rate pegging, dollar peg, basket peg, exchange rate, competitiveness, exchange rate regime, currency basket, flexible exchange rate, International Policy Coordination and Transmission,

We compare the dollar peg to a dollar-euro basket peg as alternative exchange rate regimes for the incipient Gulf Cooperation Council (GCC) currency union. Quantitative evidence suggests basket peg does not dominat...

The GCC Monetary Union
			: Some Considerations for the Exchange Rate Regime

The GCC Monetary Union : Some Considerations for the Exchange Rate Regime »

Volume/Issue: 2003/66

Series: IMF Working Papers

Author(s): Behrouz Guerami , S. Erbas , and George Abed

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

DOI: http://dx.doi.org/10.5089/9781451848816.001

ISBN: 9781451848816

Keywords: exchange rate pegging, dollar peg, basket peg, exchange rate, competitiveness, exchange rate regime, currency basket, flexible exchange rate, International Policy Coordination and Transmission,

We compare the dollar peg to a dollar-euro basket peg as alternative exchange rate regimes for the incipient Gulf Cooperation Council (GCC) currency union. Quantitative evidence suggests basket peg does not dominat...