Series: IMF Working Papers
Author(s): Masahiro Hori , and Yu Ching Wong
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 2008
Keywords: Multiple Exchange Rate, Efficiency Analysis, exchange rate, foreign exchange, equilibrium exchange rate, exchange rate regime, official exchange rate,
Myanmar's multiple exchange rate system creates various economic distortions. This paper describes the exchange rate practices in Myanmar, develops a model of foreign exchange markets, and presents the efficiency c...