Exchange Rate Determinants in Russia : 1992-1993 /

This paper examines the evolution of the exchange rate of the ruble vis-a-vis the U.S. dollar from exchange rate unification, in July 1992, to the end of 1993. The expected and actual paths of the exchange rate are related to the exchange and trade regime and to the stance of financial and exchange...

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Bibliographic Details
Main Author: Koen, Vincent
Other Authors: Meyermans, Eric
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1994.
Series:IMF Working Papers; Working Paper ; No. 1994/066
Online Access:Full text available on IMF
Description
Summary:This paper examines the evolution of the exchange rate of the ruble vis-a-vis the U.S. dollar from exchange rate unification, in July 1992, to the end of 1993. The expected and actual paths of the exchange rate are related to the exchange and trade regime and to the stance of financial and exchange rate policies. An econometric analysis based on weekly data is offered, which suggests that monetary factors have a significant impact on the short run behavior of the exchange rate.
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Physical Description:1 online resource (62 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Access:Electronic access restricted to authorized BRAC University faculty, staff and students