Abstract
In this article, the author states how two types of exchange policies (crawling peg with a parity criterion and a long period-fixed exchange rate), have influenced the evolution of the effective real exchange rate during the last four years. Four doing this, two indicators are used: the induced distortion and the additional variability.
Translated title of the contribution | Exchange rate policy in Peru: between pro-export bias and anti-inflationary policy |
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Original language | Spanish |
Pages (from-to) | 63-74 |
Journal | Apuntes |
Issue number | 24 |
DOIs | |
State | Published - Jan 1989 |
Keywords
- Control de cambios
- Exportaciones
- Inflación
- Perú
- Política cambiaria
- Política de exportación
- Tipo de cambio