Do 'Flexible' Exchange Rates of Developing Countries Behave Like the Floating Exchange Rates of Industrialized Countries? »
Series: IMF Working Papers
Author(s): Peter Wickham
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2002
Keywords: Flexible and floating exchange rates, exchange rate, exchange rates, statistics, statistic,
The paper examines the behavior of daily spot exchange rates for a sample of industrialized countries which are generally considered to be floating with only occasional official foreign exchange market intervention...