Documents & Reports

Should we fear foreign exchange depreciation? (English)


Moderate and gradual changes of the real exchange rate are beneficial for the economy to help it attain domestic and external equilibrium. They should not be feared. However, large and sharp devaluations can lead to insolvency and even systemic crisis...  See More +


  • Loayza, Norman V.; Mendez Ramos, Fabian;
  • 2016/10/01 03:05:05
  • Brief;
  • 109374
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  • MalaysiaChinaIndonesiaMexicoTurkeyPeruWorld
  • East Asia and PacificLatin America & CaribbeanEurope and Central AsiaThe World Region
  • 2017/05/31 23:41:15
  • Disclosed
  • Should we fear foreign exchange depreciation?
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