IMF Working Papers

Foreign Exchange Auctions and Fixing: A Review of Performance

ByArto Kovanen

September 1, 1994

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Format: Chicago

Arto Kovanen. "Foreign Exchange Auctions and Fixing: A Review of Performance", IMF Working Papers 1994, 119 (1994), accessed 12/6/2025, https://doi.org/10.5089/9781451940190.001

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.

Subject: Currency markets, Exchange rate arrangements, Exchange rates, Financial markets, Foreign exchange, Interbank markets

Keywords: auction market, auction market arrangement, Baltics, bureaux market, Central and Eastern Europe, Currency markets, exchange market reform, exchange rate, Exchange rate arrangements, exchange rate development, exchange rate volatility, Exchange rates, fixing market, foreign exchange auction, interbank market arrangement, Interbank markets, market, market liberalization, market unification, market-clearing exchange rate, market-clearing price, market-clearing rate, Sub-Saharan Africa, West Africa, Western Hemisphere, WP

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