Series: IMF Working Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2001
Keywords: Offshore currency trading, offshore markets, speculative attacks, exchange controls, capital controls, currency internationalization, foreign exchange, exchange rate, financial institutions, hedging
Several Asian emerging market economies have recently adopted measures to limit the offshore trading of their currencies. This paper provides a general overview of such measures and evaluates the experiences of sel...