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Exchange rates in Eastern Europe: Its derivation and application.

By: Van Brabant, Josef M.
Material type: materialTypeLabelBookSeries: World Bank Staff Working papers. Publisher: Washington : World Bank, 1985Subject(s): Foreign Exchange | Economic Policy -- Eastern Europe -- Exchange rates. -- Economic Policy -- Eastern Europe -- Exchange rates. -- Economic Policy -- Eastern Europe -- Exchange ratesSummary: The paper explains the policy goals underlying the multiple exchange rate regime of centrally planned economies (COEs) to clarify the origin and application of the various exchange rates that have been in use in seven of the European CPEs to set up time series of the most important one and to evaluate whether any of these official rates could be used to translate official movement aggregate of these countries into U.S. dollas.
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