Series: Departmental Papers / Policy Papers
Author(s): Mark Horton , Hossein Samiei , Natan Epstein , and Kevin Ross
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 May 2016
Keywords: currency, central bank, inflation, monetary policy, central banks
Since late 2014, exchange rates (ERs) and ER regimes of the Caucasus and Central Asia (CCA) countries have come under strong pressure. This reflects the decline of oil and other commodity prices, weaker growth in R...