This material is refined for the general readership by editing and partial redrafting. The following paper draws on material originally contained in IMF Working Paper 95/121, "Does the Nominal ...

Since the currency crises of the 1990s, economists have devoted a great deal of effort to empirical and theoretical studies of exchange rate regimes in developing countries. The initial consensus that ...

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MUMBAI (Reuters) - The International Monetary Fund retained its classification of India's "de facto" exchange rate regime as "stabilised" for the period of December 2022 to November 2024 after its ...