Choosing Exchange Regimes in the Middle East and North Africa

Author: International Monetary Fund

Publication date: September 2003

ISBN: 9781463914080

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Finance , Economics- Macroeconomics , Public Finance , International - Economics , MISC PUBS , Misc , , regime , exchange rate , country , exchange regime , interest rate , managed float , MENA country , a number of emerging market country , crawling peg regime , exchange regime choice , intermediate exchange regime , emerging market country , Exchange rate arrangements , Exchange rate flexibility , Exchange rates , Conventional peg , Currency markets , Middle East , North Africa , East Africa

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Summary

This paper reviews the exchange regimes of five emerging market countries in the Middle East and North Africa region-Egypt, Jordan, Lebanon, Morocco, and Tunisia-and one oil-exporting country-Iran-to see whether they need to consider adopting more flexible arrangements as they further open their economies to trade and capital flows.