01795cas a2200253 a 4500 AALejournalIMF008638 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451856767 1018-5941 BD-DhAAL BD-DhAAL Canales Kriljenko, Jorge. Structural Factors Affecting Exchange Rate Volatility : A Cross-Section Study / Jorge Canales Kriljenko, Karl Habermeier. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (13 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 The paper examines factors affecting exchange rate volatility, with an emphasis on structural features of the foreign exchange regime. It draws for the first time on detailed survey data collected by the IMF on foreign exchange market organization and regulations. Key findings are that decentralized dealer markets, regulations on the use of domestic currency by nonresidents, acceptance of Article VIII obligations, and limits on banks' foreign exchange positions are associated with lower exchange rate volatility. The paper also provides support for earlier results on the influence of macroeconomic conditions and the choice of exchange rate regime on volatility. Mode of access: Internet Habermeier, Karl. IMF Working Papers; Working Paper ; No. 2004/147 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/147/001.2004.issue-147-en.xml IMF e-Library