Foreign Exchange Markets in Russia: Understanding the Reforms

Article OPEN
Linda S. Goldberg;
  • Journal: Staff Papers - International Monetary Fund,volume 40,issue 4 December,pages852-864
  • Subject:
    • jel: jel:F3 | jel:F4 | jel:N2 | jel:P5

This paper analyzes and interprets the changes that took place in Russia's exchange rate system during 1992. The multiple exchange rate regime that existed in Russia prior to July 3, 1992, created strong incentives for exporters to refrain from repatriating foreign exch... View more
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