The currency board exchange rate regime worked well for Hong Kong. Why did currency boards not work
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The currency board exchange rate regime worked well for Hong Kong. Why did currency boards not work so well for other countries?
Exchange RateThe value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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A currency board strips a central bank of its ability to use ...View the full answer
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Related Book For 
Money, Banking, Financial Markets and Institutions
ISBN: 978-0538748575
1st edition
Authors: Michael Brandl
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