Journal of Jishou University(Social Sciences) ›› 2004, Vol. 25 ›› Issue (1): 84-89.

• Economics • Previous Articles     Next Articles

Theoretical Disputes and Comments on The Choice of Exchange Rate Regime

  

  1. (Department of Economics XiaMen University  Xiamen Fujian 361005)
  • Online:2004-01-15 Published:2012-08-16

Abstract: The choice of exchange rate regime is an important question in international finance field. After narrating two theoretical disputes-“fixed & floating”;“two poles & intermediate”, the author reaches some conclusions: the choice of exchange rate regime is a dynamic system influenced by many factors, it is at the discretion of concrete conditions for a country. No single currency regime is right for all countries and at all times.

Key words: fixed exchange rate regime, floating exchange rate regime, two poles exchange rate regime, intermediate exchange rate regime, nominal anchor

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