{
  "title": "Floating Exchange Rates in Developing Countries: Experience with Auction and Interbank Markets",
  "publication": "Occasional Papers, May 15, 1987",
  "sourceUrl": "https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/floating-exchange-rates-in-developing-countries-experience-with-auction-and-interbank-markets-160",
  "canonical": "https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/floating-exchange-rates-in-developing-countries-experience-with-auction-and-interbank-markets-160",
  "overlayPath": "/en/publications/occasional-papers/issues/2016/12/30/floating-exchange-rates-in-developing-countries-experience-with-auction-and-interbank-markets-160/index.md",
  "summary": "In recent years, an increasing number of developing countries have adopted market-determined floating exchange rates. This development has represented a significant step forward in the evolution toward exchange rate flexibility that has taken place in the developing country group since the adoption",
  "sections": [
    {
      "heading": "Summary",
      "content": "- In recent years, an increasing number of developing countries have adopted market-determined floating exchange rates.\n- This development is described as a significant step forward in the evolution toward exchange rate flexibility in the developing country group since the adoption of generalized floating by industrial countries in 1973."
    },
    {
      "heading": "Authors and Publication",
      "content": "- Authors: Kyong Mo Huh, Benedicte Vibe Christensen, Peter J. Quirk, Toshihiko Sasaki\n- Date: May 15, 1987\n- Series: Occasional Paper No. 1987/004\n- Issue: 004\n- Pages: 48"
    },
    {
      "heading": "Subject Areas and Keywords",
      "content": "- Subject: Currency markets, Exchange rate arrangements, Exchange rates, Financial markets, Floating exchange rates, Foreign exchange\n- Keywords: Africa, Currency markets, exchange arrangement, exchange market arrangement, exchange rate, Exchange rate arrangements, exchange rate system, Exchange rates, exchange transaction, Floating exchange rates, market, market-determined floating exchange rates, Middle East, OP, rate"
    },
    {
      "heading": "Publication Identifiers",
      "content": "- DOI: https://doi.org/10.5089/9780939934898.084\n- Stock No: S053EA0000000\n- ISBN: 9780939934898\n- ISSN: 0251-6365\n\nInternational Monetary Fund — Floating Exchange Rates in Developing Countries: Experience with Auction and Interbank Markets (Occasional Paper No. 1987/004).\n\n---\n\n\nSource: https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/floating-exchange-rates-in-developing-countries-experience-with-auction-and-interbank-markets-160"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/occasional-papers/issues/2016/12/30/floating-exchange-rates-in-developing-countries-experience-with-auction-and-interbank-markets-160/index.md)",
    "[Structured JSON version](/en/publications/occasional-papers/issues/2016/12/30/floating-exchange-rates-in-developing-countries-experience-with-auction-and-interbank-markets-160/index.json)",
    "[Bundle manifest](/en/publications/occasional-papers/issues/2016/12/30/floating-exchange-rates-in-developing-countries-experience-with-auction-and-interbank-markets-160/bundle-manifest.json)",
    "Authors: Kyong Mo Huh, Benedicte Vibe Christensen, Peter J. Quirk, Toshihiko Sasaki",
    "Published: May 15, 1987",
    "Series: Occasional Papers",
    "DOI: https://doi.org/10.5089/9780939934898.084",
    "In recent years, an increasing number of developing countries have adopted market-determined floating exchange rates.",
    "This development is described as a significant step forward in the evolution toward exchange rate flexibility in the developing country group since the adoption of generalized floating by industrial countries in 1973.",
    "Authors: Kyong Mo Huh, Benedicte Vibe Christensen, Peter J. Quirk, Toshihiko Sasaki",
    "Date: May 15, 1987",
    "Series: Occasional Paper No. 1987/004",
    "Issue: 004",
    "Pages: 48",
    "Subject: Currency markets, Exchange rate arrangements, Exchange rates, Financial markets, Floating exchange rates, Foreign exchange",
    "Keywords: Africa, Currency markets, exchange arrangement, exchange market arrangement, exchange rate, Exchange rate arrangements, exchange rate system, Exchange rates, exchange transaction, Floating exchange rates, market, market-determined floating exchange rates, Middle East, OP, rate",
    "DOI: https://doi.org/10.5089/9780939934898.084",
    "Stock No: S053EA0000000",
    "ISBN: 9780939934898",
    "ISSN: 0251-6365"
  ],
  "alternates": {
    "markdown": "/en/publications/occasional-papers/issues/2016/12/30/floating-exchange-rates-in-developing-countries-experience-with-auction-and-interbank-markets-160/index.md",
    "json": "/en/publications/occasional-papers/issues/2016/12/30/floating-exchange-rates-in-developing-countries-experience-with-auction-and-interbank-markets-160/index.json",
    "bundleManifest": "/en/publications/occasional-papers/issues/2016/12/30/floating-exchange-rates-in-developing-countries-experience-with-auction-and-interbank-markets-160/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-19T04:44:24.474Z"
}
