Asian Currency Baskets: A Useful Surveillance Tool?

This paper considers whether an intra-regional currency basket and the associated divergence indicators could play a useful role in official exchange rate surveillance. Recently, proponents of an Asian currency basket have referred to the role the European Currency Unit played in constructing exchan...

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Bibliographic Details
Main Authors: ADAMS, Charles, CHOW, Hwee Kwan
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2007
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/1008
https://ink.library.smu.edu.sg/context/soe_research/article/2007/viewcontent/Asian_Currency_Baskets__An_Answer_in_Search_of_a_Question_.pdf
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Institution: Singapore Management University
Language: English