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This paper examines the recent evolution of exchange rate policies in the developing world. It looks at why so many countries have made a transition from fixed or "pegged" exchange rates to "managed ...
Technically, pegging a currency to gold--via some automatic mechanism like a currency board--is no different than pegging it to the euro or dollar. There's nothing inherently difficult about it.
The impossible trinity in international economics explains the challenges countries face when attempting to achieve three key objectives for economic stability. The first objective is a fixed ...
Ukraine to ease fixed currency rate from Tuesday Battered economy shows smalls signs of recovery KYIV, Oct 2 (Reuters) - Ukraine's central bank said it would bring in a more flexible exchange rate ...