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Floating Exchange Rates in Developing Countries
			: Experience with Auction and Interbank Markets

Floating Exchange Rates in Developing Countries : Experience with Auction and Interbank Markets »

Series: Occasional Papers

Author(s): Kyong Huh , Benedicte Christensen , Peter Quirk , and Toshihiko Sasaki

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 1987

DOI: http://dx.doi.org/10.5089/9780939934898.084

ISBN: 9780939934898

Keywords: foreign exchange, exchange rate, exchange rates, floating exchange rate, floating exchange rates

In recent years, an increasing number of developing countries have adopted market-determined floating exchange rates. This development has represented a significant step forward in the evolution toward exchange rat...

Quasi-Fiscal Operations of Public Financial Institutions

Quasi-Fiscal Operations of Public Financial Institutions »

Series: Occasional Papers

Author(s): George Mackenzie , and Peter Stella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 October 1996

DOI: http://dx.doi.org/10.5089/9781557755834.084

ISBN: 9781557755834

Keywords: central bank, inflation, monetary fund, central banks, exchange rate

Central banks and other public financial institutions act as agents of fiscal policy in many countries. Their "quasi-fiscal" operations and activities can affect the overall public sector balance without affecting...