00676nam a2200109Ia 4500 KIGUEL, Miguel Parallel exchange rates in developing countries. 1995 Presents a typology of parallel systems, discusses their emergence, and looks at why countries prefer these arrangements to the main alternatives. Examines the ability of parallel markets to insulate international reserves and domestic prices from shocks to the balance of payments. Compares the experiences of countries that have attempted to unify their foreign exchange markets and discusses the implications for policy alternatives. 3/7/00 M2LMGR A 21625 21625 0 0 0 0 CRCM CRCM 2023-05-04 0 0000000015639 2023-05-04 00:00:00 2023-05-04 A