Proposal for an EC exchange-rate scheme

Hans-Eckart Scharrer

Intereconomics – Review of European Economic Policy (1966 - 1988), 1978, vol. 13, issue 1/2, 3-6

Abstract: Leaving foreign exchange markets to themselves may not lead to realistic and stable exchange rates. Thus appropriate criteria for interference must be defined. The OPTICA (Optimal Currency Area) Group which was appointed by the European Commission tried to work out appropriate rules for the EC. Dr Scharrer, member of the group, explains their proposal; Professor Cohen and EC Vice President Ortoli give their comments.

Keywords: Exchange; Rate; Policy (search for similar items in EconPapers)
Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:inteco:139514

DOI: 10.1007/BF02928830

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