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Current Exchange Rate Arrangements by shreya chapagain is a document available to read on EtoBox.
What is Current Exchange Rate Arrangements about?
The document discusses the current exchange rate arrangements as classified by the IMF. It explains that many currencies are pegged to major currencies like the US dollar and euro, or currency baskets. The IMF system classifies arrangements based on how much the exchange rate is determined by market forces versus government actions. There are 10 exchange rate regimes identified, ranging from currencies that have no separate legal tender to freely floating currencies determined primarily by market forces.
- Author
- shreya chapagain
- Language
- EN