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Managing exchange rate crises : evidence from the 1890's

Grilli, Vittorio U. - 1989

Persistent link: https://www.econbiz.de/10000774233

Exchange rates and seigniorage

Grilli, Vittorio U. - In: European economic review : EER 33 (1989) 2, pp. 580-587

Persistent link: https://www.econbiz.de/10001069024

Managing exchange rate crises : evidence from the 1890s

Grilli, Vittorio U. - In: Journal of international money and finance 9 (1990) 3, pp. 258-275

Persistent link: https://www.econbiz.de/10001091084

Managing Exchange Rate Crises : Evidence from the 1890's

Grilli, Vittorio - 1989

This paper investigates the effectiveness of the monetary authority's borrowing policies in resolving exchange rate crises. It shows why obtaining loans or lines of credit in foreign currency may avoid, at least temporarily, the devaluation of a fixed exchange rate, and discusses the problem of...

Persistent link: https://www.econbiz.de/10012475978