Revised System for the Classification of Exchange Rate Arrangements
IMF Working Papers, September 1, 2009
Source details
- Canonical URL
- Revised System for the Classification of Exchange Rate Arrangements
Other formats
Bibliographic details
- Authors: Annamaria Kokenyne, Romain M Veyrune, Karl F Habermeier, Harald J Anderson
- Published: September 1, 2009
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781451873580.001
Summary
- Since 1998, IMF staff have published a classification of countries' de facto exchange rate arrangements.
- Experience operating the classification system highlighted a need for changes.
- The paper provides information on revisions to the system in early 2009.
- The changes are expected to allow for greater consistency and objectivity of classifications across countries, expedite the classification process, conserve resources, and improve transparency.
Key revisions and focus
- Revision timing: early 2009.
- Purpose: increase consistency and objectivity of classifications across countries.
- Operational goals: expedite the classification process, conserve resources, improve transparency.
Expected effects
- Greater consistency of classifications across countries.
- Greater objectivity in classification decisions.
- Faster classification processing.
- Resource conservation in staff work.
- Improved transparency of exchange rate arrangement classifications.
Authors and publication date
- Authors: Annamaria Kokenyne, Romain M Veyrune, Karl F Habermeier, Harald J Anderson
- Publication date: September 1, 2009
Subjects and keywords
- Subject: Conventional peg, Crawling peg, Exchange rate arrangements, Exchange rate policy, Exchange rates
- Keywords: exchange rate variability, policy, sc, support IMF surveillance, WP