Fung, San Sau; Klau, Marc; Ma, Guonan; McCauley, Robert N. - Bank for International Settlements (BIS) - 2006
Discussion of exchange rate policy in Asia would benefit from appropriate measures of exchange rates on a multilateral basis. The purpose of this paper is to refine the construction of the effective exchange rates (EERs) for Asian economies, to make allowances for the role of Hong Kong SAR as an...
