Asian Currency Baskets: An Answer in Search of a Question?

This paper considers how a regional currency basket and the associated divergence indicators could be used in official surveillance. Recently, proponents of Asian currency baskets have referred to the role the ECU played in constructing exchange rate divergence indicators in Europe as evidence of th...

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Bibliographic Details
Main Authors: ADAMS, Charles, CHOW, Hwee Kwan
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2009
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/950
https://ink.library.smu.edu.sg/context/soe_research/article/1949/viewcontent/AsianCurrencyBasket.pdf
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Institution: Singapore Management University
Language: English
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