This brief considers the choice of an appropriate exchange rate regime—floating, managed or fixed arrangements—for individual countries in light of important changes that have taken place in the world ...

There are other examples too. For instance, euro area countries are classified in existing regime classifications either as having floating exchange rates (even though 60 percent of their trade is ...

The IMF helped to supervise the fixed exchange rate regime and to shore up countries’ reserves if they faced deficits. One of the meeting’s initiatives was to set fixed exchange rates as a way ...

The Jamaica Agreement abolished gold as a reserve asset and formalised the floating exchange rate system that survives to this day. Countries around the world have since chosen their own method of ...

Our main findings show that, although fixed ERR perform well in limiting ... Dubert (2005): “Does Exchange Rate Regime Explain Differences in Economic Results for Asian Countries?,” Journal of Asian ...

The Argentine government announced today a sweeping overhaul of its foreign exchange regime, set to take ... of a managed float within a fixed exchange rate band. The move marks the beginning ...

First, Canada has more experience with a flexible exchange rate than almost any other country. The Canadian dollar has floated ... of the Bretton Woods institutions and the global fixed-rate system.