Series: IMF Working Papers
Author(s): Juan Zalduendo
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2006
Keywords: Equilibrium real exchange rate, exchange rate, real exchange rate, exchange rates, reer, market exchange rates, Open Economy Macroeconomics, Venezuela, Republica Bolivariana De,
The Venezuelan Bolivar is pegged to the U.S. dollar and supported by foreign exchange restrictions. To assess the appropriateness of the peg during the current period of high oil export earnings and the likely cons...