01559cas a2200241 a 4500 AALejournalIMF010104 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451972719 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Floating Exchange Rates in Africa. Washington, D.C. : International Monetary Fund, 1988. 1 online resource (58 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 the experiences of nine African countries that have introduced floating exchange rate regimes in the 1980s. The various types of market arrangements are explored, focusing on the roles of market participants. After a review of exchange rate developments under the regimes, some related concerns with respect to urban income and employment, resource allocation, and short-term instability are analyzed. In the light of this analysis, the paper suggests some policy recommendations aimed at ensuring the success of the floating regimes. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1988/047 Full text available on IMF http://elibrary.imf.org/view/journals/001/1988/047/001.1988.issue-047-en.xml IMF e-Library