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Foreign Exchange Auctions and Fixing: A Review of Performance

Arto Kovanen

No 1994/119, IMF Working Papers from International Monetary Fund

Abstract: The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and national and international economic developments.

Keywords: WP; auction market; exchange rate; market; auction market arrangement; foreign exchange auction; exchange rate development; market-clearing rate; interbank market arrangement; exchange market reform; fixing market; market-clearing exchange rate; market unification; exchange rate volatility; bureaux market; market-clearing price; market liberalization; Currency markets; Exchange rates; Interbank markets; Exchange rate arrangements; Baltics; Central and Eastern Europe; Western Hemisphere; Sub-Saharan Africa; West Africa (search for similar items in EconPapers)
Pages: 52
Date: 1994-09-01
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Citations: View citations in EconPapers (6)

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