Exchange Rate Policy for Economic Growth and Development |
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Page 4
... Exchange Rate Variables The Preferred Exchange Rate Policy . . . Jamaica's Exchange Rate Policies since 1962 Defect of the Current Exchange Rate Policy . Making the Transition Appendix - Exchange Rates 1967-1986 . 1. Page 6.b. , line 15 ...
... Exchange Rate Variables The Preferred Exchange Rate Policy . . . Jamaica's Exchange Rate Policies since 1962 Defect of the Current Exchange Rate Policy . Making the Transition Appendix - Exchange Rates 1967-1986 . 1. Page 6.b. , line 15 ...
Page 9
The Preferred Exchange Rate Policy Jamaica's Exchange Rate Policies SINCE 1962 BALANCE OF PAYMENTS ACCOUNTS. 3 . The exchange rate policy which is adopted is of im- mense importance . It is the centrepiece of monetary policy and dictates ...
The Preferred Exchange Rate Policy Jamaica's Exchange Rate Policies SINCE 1962 BALANCE OF PAYMENTS ACCOUNTS. 3 . The exchange rate policy which is adopted is of im- mense importance . It is the centrepiece of monetary policy and dictates ...
Page 17
... preferred exchange rate policy to do this is an under- valued exchange rate . An over - valued rate increases activi- ties in the non - traded sector . The distortion increases the relative weight of services as opposed to real output ...
... preferred exchange rate policy to do this is an under- valued exchange rate . An over - valued rate increases activi- ties in the non - traded sector . The distortion increases the relative weight of services as opposed to real output ...
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