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Exchange Rate Regimes

By: Rafael M. Di Tella and Ingrid Vogel
  • Format:Print
  • | Pages:13
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Abstract

There are many options for a country in the management of monetary policy. At the most basic level is the decision of whether to adopt a fixed or a floating exchange rate. Introduces the economics behind exchange rates and the debate between fixed vs. floating regimes.

Keywords

Currency Exchange Rate; Policy; Macroeconomics; Country

Citation

Di Tella, Rafael M., and Ingrid Vogel. "Exchange Rate Regimes." Harvard Business School Background Note 704-038, May 2004. (Revised June 2005.)

About The Author

Rafael M. Di Tella

Business, Government and the International Economy
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