Exchange Rate Regime Considerations in an Oil Economy [electronic resource]: The Case of the Islamic Republic of Iran
- Celasun, Oya
- Washington : International Monetary Fund Jan. 2003
- Physical Description:
- 35 p.
- Restrictions on Access:
- License restrictions may limit access.
- Annotation This paper provides a brief overview of the evolution of exchange rate policy in the Islamic Republic of Iran from 1993 to 2002 and reviews the basic criteria for the choice of the exchange rate regime in the medium term. the analysis highlights the merits of an intermediate regime which would allow the authorities to smooth out excessive short-term exchange rate fluctuations while letting nominal exchange rate movements facilitate real exchange rate adjustments called for by major oil price shocks.
- 9781451844405 and 1451844409 (Trade Paper)
View MARC record | catkey: 15214396