00698nam a2200085Ia 4500100002100000245014300021260000900164520042000173583001900593 aBENNETT, Karl M. aJamaican foreign exchange market: lessons from the experience with a floating exchange rate regime and the abolition of exchange controls. c1994 aOutlines the institutional setting within which the foreign exchange market operated, and argues that this had a bearing on the formulation of expectations and market behaviour. Analyses the performance of the foreign exchange market since the return to the market based exchange rate regime, and assesses why the positive developments following the stabilization initiatives of April 1992 have not been sustained. c3/7/00kM2LMGR