Series: IMF Working Papers
Author(s): Taimur Baig , and Ilan Goldfajn
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 1998
Keywords: interest rates, exchange rate, exchange rates, real interest rates
This paper evaluates monetary policy and its relationship with the exchange rate in five Asian crisis countries. The findings are compared with previous currency crises in recent history. The paper finds no evidenc...