## Floating Exchange Rates in Developing Countries: Experience with Auction and Interbank Markets

_Occasional Papers, May 15, 1987_

## Source details

**Canonical URL:** [Floating Exchange Rates in Developing Countries: Experience with Auction and Interbank Markets](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)

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## Bibliographic details
- 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

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### Summary
- 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 and Publication
- 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 Areas and Keywords
- 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

### Publication Identifiers
- DOI: https://doi.org/10.5089/9780939934898.084
- Stock No: S053EA0000000
- ISBN: 9780939934898
- ISSN: 0251-6365

*International Monetary Fund — Floating Exchange Rates in Developing Countries: Experience with Auction and Interbank Markets (Occasional Paper No. 1987/004).*

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_Source: 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_