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Paperback The Exchange Rate System and the IMF: A Modest Agenda Book

ISBN: 0881322199

ISBN13: 9780881322194

The Exchange Rate System and the IMF: A Modest Agenda

Global currency markets have remained unsettled. The dollar hit record lows against both the yen and the mark in 1995. The Mexican crisis led to a free fall of the peso. Renewed tensions in the European Monetary System required devaluations in Spain and Portugal. It is thus fortuitous that the world's major countries, starting with the G-7 summit in Italy in June 1994, have agreed to reexamine the world monetary system and the role of its chief institutional...

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