Exchange Rate Policies in Peru, 1971–9

Denise Williamson

Chapter 8 in Exchange Rate Rules, 1981, pp 230-242 from Palgrave Macmillan

Abstract: Abstract Peru has experimented with various exchange rate systems. Up to 1976, when she first adopted the crawling peg, fixed exchange rates were favoured for many years; as devaluations were only admitted as a last resort, when they did come they came in big steps, as was the case in October 1975 and in June 1976.

Keywords: Exchange Rate; Current Account; Realistic Exchange Rate; External Debt; Current Account Deficit (search for similar items in EconPapers)
Date: 1981
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05166-3_11

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DOI: 10.1007/978-1-349-05166-3_11

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