Exchange Rate Policy for Economic Growth and Development |
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Page 9
... ment . Therefore , the actual debt service was 38.1 percent . Captial flight is endemic , and a significant sum of foreign exchange floats on the non - official capital market despite the fact that exchange control is enforced and all ...
... ment . Therefore , the actual debt service was 38.1 percent . Captial flight is endemic , and a significant sum of foreign exchange floats on the non - official capital market despite the fact that exchange control is enforced and all ...
Page 16
... ments so as to minimize disruption of production planning and investment . A degree of certainty must characterize the business environment . During the transition the present auction system would be replaced by a foreign exchange ...
... ments so as to minimize disruption of production planning and investment . A degree of certainty must characterize the business environment . During the transition the present auction system would be replaced by a foreign exchange ...
Page 17
... ments ) . A market - determined exchange rate will make the distinction between the traded and non - traded sectors of the commodity market . Within the traded sector , a realistic exchange rate releases productive resources for greater ...
... ments ) . A market - determined exchange rate will make the distinction between the traded and non - traded sectors of the commodity market . Within the traded sector , a realistic exchange rate releases productive resources for greater ...
Common terms and phrases
actual selling rate adjustment in parallel allocation Analysis & Public asset market average balance of payments Bank of Jamaica capital flight capital inflows Caricom Rate US$0.44 central bank commercial banking sector commercial banking system commodity market DATE PREVIOUS RATE demand for foreign domestic Economic Analysis ECONOMIC GROWTH ensure exchange control Exchange Rate Determination exchange rate policy factor foreign currency foreign ex foreign exchange available foreign exchange market forward market free market funds international reserves J$1.78 Parallel Rate J$2.71 Caricom Rate Jamaican dollar Jamaican Economy Review Jamaican pound market in foreign million Mini devaluation non-traditional exports official flows Official Rate US$0.56 output over-valued currency par value Parallel Rate US$0.36 parity POLICY FOR ECONOMIC pool of foreign pound sterling preferred exchange rate PREVIOUS RATE REVISED PSOJ RATE REVISED RATE social costs special pool special rate street market traditional export transition period undervalued exchange rate US$1.00 Official Rate