SELECTION OF THE EXCHANGE RATE MODE
Keywords:
exchange rate, fixed, floating, central regimesAbstract
Since the onset of market reforms in Serbia, leading to sharp debate about the optimal exchange rate regime. Currently the actual fluctuating exchange rates that replaced a fixed regime, while many experts "call" to the aid of a currency board. The paper reviews the advantages and disadvantages of each solution in order to elucidate the role of the exchange rate in achieving economic progress.
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Copyright (c) 2012 BizInfo (Blace) Journal of Economics, Management and Informatics

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