Occasional Papers

Exchange Rate Policy in Developing Countries: Some Analytical Issues

ByPeter J Montiel, Bijan B. Aghevli, Mohsin S. Khan

May 15, 1991

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Format: Chicago

Peter J Montiel, Bijan B. Aghevli, and Mohsin S. Khan Exchange Rate Policy in Developing Countries: Some Analytical Issues, (USA: International Monetary Fund, 1991) accessed 12/16/2025, https://doi.org/10.5089/9781557752093.084

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Summary

This paper addresses analytical aspects of exchange rate policy and emphasizes the relationship among exchange rate flexibility, financial discipline, and international competitiveness.

Subject: Conventional peg, Exchange rate adjustments, Exchange rate arrangements, Exchange rates, Foreign exchange, Real exchange rates

Keywords: Conventional peg, devaluation, equilibrium exchange rate, exchange rate, Exchange rate adjustments, Exchange rate arrangements, exchange rate issue, exchange rate rule, exchange rate vis-à-vis, Exchange rates, inflation rate, low-inflation country, nominal exchange rate, OP, Real exchange rates, section III, West Africa, Western Hemisphere