Purpose – There has been significant interest in the classification of exchange rate regimes in order to investigate a wide range of hypotheses. Studies of the effects of exchange rate regimes on crises and other aspects of economic performance can have important implications for policy...

This paper focuses on India's exchange rate regime, capital controls and monetary policy. According to official classification, the exchange rate of the Indian rupee has been a ‘managed float' since the 1990s. This paper presents a classification of India's exchange rate regime and also...

Purpose – There has been significant interest in the classification of exchange rate regimes in order to investigate a wide range of hypotheses. Studies of the effects of exchange rate regimes on crises and other aspects of economic performance can have important implications for policy...