Exchange Rate "Fundamentals" versus Speculation : The Case of Lebanon.

The exchange rate for the Lebanese pound experienced a protracted period of depreciation from end-1982 to November 1987, followed by a marked appreciation over the following six months. This paper investigates the competing hypotheses that the exchange rate over these two periods was driven by a spe...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1988.
Colección:IMF Working Papers; Working Paper ; No. 1988/109
Acceso en línea:Full text available on IMF