Series: Occasional Papers
Author(s): Kyong Huh , Benedicte Christensen , Peter Quirk , and Toshihiko Sasaki
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 May 1987
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...