Exchange-Rate Systems and Interest-Rate Behaviour: The Experience of Hong Kong and Singapore
The Currency Board System in Hong Kong and the monitoring band system in Singapore are important benchmarks for two different exchange-rate systems. In this paper we consider the implications of the two exchange-rate systems on the interest-rate behaviour of the two economies. We examine the domesti...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2006
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/455 https://ink.library.smu.edu.sg/context/soe_research/article/1454/viewcontent/Exchange_Rate_Systems_and_Interest_Rate_Behaviour_HK_Singapore_2005_pp.pdf |
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| Institution: | Singapore Management University |
| Language: | English |