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Book Cover
Author Ding, Shuang, author

Title Estimating Equilibrium Exchange Rates for Armenia and Georgia
Published Washington : International Monetary Fund, April 2008
Online access available from:
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Description 1 online resource (104 pages)
Summary Annotation The significant real exchange rate appreciation in Armenia and Georgia since 2003, coupled with persistent current account deficits, raises the question of whether real exchange rates have become overvalued. This paper seeks to identify possible exchange rate misalignment by applying the behavioral equilibrium exchange rate approach, complemented by an analysis of the traditional competitiveness indicators. the results indicate an undervaluation of the Armenian dram and no significant misalignment of the Georgian lari in 2006
Form Electronic book
Author Shehabi, Omar Al, author
ISBN 1451914245 (E-Book)