Probing Into the Exchange Rate System of the Mauritian Rupee |
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Page 19
... exchange rate system . According to a recent IMF study , based on 1989 data , two - thirds of developing countries have fixed exchange rate systems , while the remaining third have flexible systems . TABLE 3.1.2 EXCHANGE RATE SYSTEMS IN ...
... exchange rate system . According to a recent IMF study , based on 1989 data , two - thirds of developing countries have fixed exchange rate systems , while the remaining third have flexible systems . TABLE 3.1.2 EXCHANGE RATE SYSTEMS IN ...
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IV THE MECHANISM OF THE PRESENT EXCHANGE RATE SYSTEM 4.1 THREE CURRENCIES QUOTED BY THE BANK OF MAURITIUS 4.1.1 The external value of the Mauritian rupee is determined on the basis of its fixed peg to a weighted basket of currencies of ...
IV THE MECHANISM OF THE PRESENT EXCHANGE RATE SYSTEM 4.1 THREE CURRENCIES QUOTED BY THE BANK OF MAURITIUS 4.1.1 The external value of the Mauritian rupee is determined on the basis of its fixed peg to a weighted basket of currencies of ...
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... fixed peg to a known currency ( sterling ) or to a known basket of currencies ( the SDR ) . The fixed peg mechanism has been maintained . However , since the basket is trade- weighted , by definition it is bound to vary over time . This ...
... fixed peg to a known currency ( sterling ) or to a known basket of currencies ( the SDR ) . The fixed peg mechanism has been maintained . However , since the basket is trade- weighted , by definition it is bound to vary over time . This ...
Common terms and phrases
1991 Depreciation Annual Reports appreciation or depreciation appreciation rates Australian Dollar balance of payments Bank of Mauritius basket of currencies central bank Chart cross rates CURRENCY WEIGHTS current account daily rate DEPRECIATION AND APPRECIATION Deutschmark devaluations earnings and import earnings expressed Earnings from EPZ earnings in 1990 EC countries EC excluding UK EPZ export earnings evolution exchange rate system expressed in rupees external value fixed rate system flexible rate system French franc Hong Kong dollar import payments Index for earnings Indian rupee Indices of Earnings international markets International Monetary Fund Italian lira Japanese Yen major trading partners managed floating Mauritian Rupee Mauritius Bankers Maximum spreads allowed partners of Mauritius pound sterling present exchange rate rates on international rupee in terms rupee terms selling rates South African rand SUCCESSIVE EXCHANGE RATE sugar export earnings systems in force terms of rupees total external trade trade-weighted basket weighted basket