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Currency Convertibility

Indian & Global Experiences

Language EnglishEnglish
Book Hardback
Book Currency Convertibility Sumati Varma
Libristo code: 06416159
Publishers New Century Publications, January 2007
Currency convertibility, as an aspect of a country''s exchange rate policy, refers to the ease with... Full description
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Currency convertibility, as an aspect of a country''s exchange rate policy, refers to the ease with which domestic currency can be traded for foreign currency, for a particular usage and at a given exchange rate. Current account convertibility was introduced in India in August 1994 with the acceptance of the obligations under Article VIII of the IMF''s Articles of Agreement. This drastic measure contributed significantly to boost India''s exports. Presently, there is almost full convertibility on the current account and partial convertibility on the capital account. This book explains and examines various aspects of currency convertibility risks and their management. It discusses convertibility experiences of a number of Latin American countries (Argentina, Brazil, Mexico, Venezuela) and selected countries of East and South-East Asia (Thailand, Indonesia, Malaysia). The experiences of these countries, in a comparative perspective, will help to understand the requisites of a regime of sustainable convertibility.

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About the book

Full name Currency Convertibility
Author Sumati Varma
Language English
Binding Book - Hardback
Date of issue 2007
Number of pages 259
EAN 9788177081381
ISBN 9788177081381
Libristo code 06416159
Weight 618
Dimensions 152 x 228 x 32
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