Abstract
The enormous volatility of floating exchange rates has led to a call for limits on exchange rate fluctuations. An increasing number of countries have begun to question the benefits of floating exchange rates. Can central banks limit exchange rate fluctuations, and are there benefits from doing so?
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Gruben, W.C., Gould, D.M., Zarazaga, C.E. (1997). Exchange Rates and Monetary Policy. In: Gruben, W.C., Gould, D.M., Zarazaga, C.E. (eds) Exchange Rates, Capital Flows, and Monetary Policy in a Changing World Economy. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-6175-0_1
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DOI: https://doi.org/10.1007/978-1-4615-6175-0_1
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