A first question was related to the degree to which the devaluation of the real was creating inflationary pressures. Solid data were not yet available because the floating rate had only recently ...
Egypt had a pegged exchange rate until January 29, 2003, when it adopted a floating exchange rate regime. Tunisia and, more recently, Iran have managed floats. Egypt pegged its currency to the dollar ...
MESERET BEHAILU — The Ministry of Trade and Regional Integration (MoTRI) has revealed that the floating exchange rate reform is yielding significant outcomes, with improving the quality of ...