Asian Currency Baskets: A Useful Surveillance Tool?

• المؤلفون الرئيسيون: ADAMS, Charles, CHOW, Hwee Kwan
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2007
• الموضوعات: Regional Currency Basket; Exchange Rate Divergence Indicators;Surveillance; Asian Studies; Finance; Macroeconomics
• الوصول للمادة أونلاين: 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

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...