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II The Present Exchange Rate System and its Operating Environment »
Chapter
Source: The Exchange Rate System : Lessons of the Past and Options for the Future
Series: Occasional Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 08 July 1984
ISBN: 9781557750648
Keywords: exchange rate, exchange rates, exchange rate system, exchange rate movements, balance of payments
A logical starting point for any discussion with respect to modification of the exchange rate system is an examination of its present status. Such an examination should include at least three elements: (1) a...