01545cas a2200241 a 4500 AALejournalIMF010165 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451930559 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Issues of Openness and Flexibility for Foreign Exchange Systems. Washington, D.C. : International Monetary Fund, 1989. 1 online resource (36 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 This paper surveys briefly the main issues for official management of foreign exchange, including the choice of exchange rate regime and exchange and trade restrictive systems. It concludes by identifying the main forms of arrangements that have demonstrated their merits and practicability for developing countries in recent years, including auction and interbank exchange markets, market-based forward exchange rates, import license auctions, open general import licensing, and liberalized capital controls. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1989/003 Full text available on IMF http://elibrary.imf.org/view/journals/001/1989/003/001.1989.issue-003-en.xml IMF e-Library