## 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](https://www.imf.org/en/publications/wp/issues/2016/12/31/revised-system-for-the-classification-of-exchange-rate-arrangements-23311)

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## 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

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### 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

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_Source: https://www.imf.org/en/publications/wp/issues/2016/12/31/revised-system-for-the-classification-of-exchange-rate-arrangements-23311_
