ExchangeRateRegimesoftheWorld分析.pptVIP

Exchange Rate Regimes of the World Exchange Rate Regimes What is an exchange rate regime? “the exchange rate regime is the way a country manages its currency in respect to foreign currencies and the foreign exchange market.” What are the most common types of exchange rate regimes? Fixed Exchange Rate Floating Exchange Rate Pegged Exchange Rate Fixed versus Floating Exchange Rate To determine whether a regime is fixed or floating you have to decide where to draw the line between narrow and wide fluctuations. A rule is to use annual variations in excess of +/- 2% and +/-1% as the sign of float