01575cas a2200241 a 4500 AALejournalIMF002247 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451844405 1018-5941 BD-DhAAL BD-DhAAL Celasun, Oya. Exchange Rate Regime Considerations in an Oil Economy : The Case of the Islamic Republic of Iran / Oya Celasun. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (18 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper provides a brief overview of the evolution of exchange rate policy in the Islamic Republic of Iran from 1993 to 2002 and reviews the basic criteria for the choice of the exchange rate regime in the medium term. The analysis highlights the merits of an intermediate regime which would allow the authorities to smooth out excessive short-term exchange rate fluctuations while letting nominal exchange rate movements facilitate real exchange rate adjustments called for by major oil price shocks. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2003/026 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/026/001.2003.issue-026-en.xml IMF e-Library