Some remedies and preventive measures have been put forth to slow or forestall currency crises, such as capital controls and intermediate regimes (i.e., fixed or floating exchange rates). Discuss these measures and comment on whether they would be effective. Explain why or why not.

Answer rating: 100% (QA)

Currency crises can have significant detrimental effects on economies leading to financial instability capital flight inflation and economic recession Governments and central banks often implement var... View the full answer