01599cas a2200241 a 4500 AALejournalIMF008378 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451840995 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. South Africa : Selected Issues. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (103 pages) IMF Staff Country Reports <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 Selected Issues paper estimates an equilibrium path for South Africa's real effective exchange rate. The paper briefly describes the dynamics of the real exchange rate and its determinants. It investigates the presence of a long-term relationship between the real exchange rate and certain explanatory variables, estimates the speed at which the real exchange rate converges toward its equilibrium level, and derives measures for the equilibrium real exchange rate. The paper also examines the real money demand, consumer prices, and the real exchange rate in South Africa. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2003/018 Full text available on IMF http://elibrary.imf.org/view/journals/002/2003/018/002.2003.issue-018-en.xml IMF e-Library