Page 31 - DMGT549_INTERNATIONAL_FINANCIAL_MANAGEMENT

International Financial Management

Notes
Table 2.1: Exchange Rate Regimes
Exchange rate Africa Asia and Europe Middle Americas
regime Pacific region East
Exchange WAEMU: Kiribati, Euro Area: Ecuador*, El
arrangements Benin*, Burkina Marshall Austria, Salvador,
with no Faso*, Ivory Islands, Belgium, Panama
separate legal Coast*, Guinea- Micronesia, Finland, France, ECCU:
tender Bissau*, Mali*, Palau Germany, Antigua &
Niger*, Senegal*, Greece, Ireland, Barbuda,
Togo CAEMC; Italy, Dominica,
Cameroon*, C. Luxembourg, Grenada, St.
African Rep.*, Netherlands, Kitts Nevis, St.
Chad*, Congo*, Portugual, Spain Lucia, St.
Equatorial San Marino, Vincent & the
Guinea, Gabon* Vatican Grenadines
Currency Botswana, Cape Bangladesh, Bosnia- Bahrain, Aruba,
board or fixed Verde, Comoros, Bhutan, Brunei Herzegovina*, Iran, Argentina*,
peg Djibouti*, Darussalam, Bulgaria*, Jordan*, Belize,
arrangements Lesotho*, Libya, China, Fiji, Estonia*, Latvia*, Kuwait, Bahamas,
Morocco, Hong Kong, Lithuania*, Lebanon, Barbados,
Namibia, Malaysia, Macedonia*, Oman, Netherlands
Seychelles, Maldives, Malta, Qatar, Antilles,
Sudan, Nepal, Samoa, Turkmenistan Saudi Suriname
Swaziland, Talwan, Arabia,
Zimbabwe Vanuatu Syria*,
United
Arab
Emirates
Crawling pegs Egypt Soloman Belarus, Cyprus, Egypt, Bolivia*, Costa
or horizontal Islands, Tonga Denmark, Israel Rica,
bands Hungary*, Honduras*,
Romania* Nicaragua*,
Uruguay*,
Venezuela
Managed Algeria, Angola, Cambodia*, Azerbaijan*, Iraq* Dominican
floating with a Burundi, Eritea, India, Croatia*, Rep.,
preannounced Ethiopia*, Indonesia*, Kazakhstan*, Guatemala,
path for Ghana*, Guinea*, Mongolia*, Kyrgystan*, Guyana*,
exchange rates Kenya*, Myanmar Russian Fed., Jamaica*,
Mauritania*, (Laos)*, Serbia*, Slovak Paraguay,
Mauritius, Pakistan*, Rep., Slovenia, Trinidad &
Nigeria*, Singapore, Sri Ukraine*, Tobago*
Rwanda, Sao Lanka*, Uzbekistan,
Tome*, Tunisia, Thailand*, Yugoslavia
Zambia* Vietnam*
Independently Congo, Gambia*, Afghanistan, Albania, Turkey*, Brazil,
floating Liberia, Malawi*, Australia, Armenia, Czech Yemen* Canada, Chile,
Madagascar, Japan, New Rep., Georgia, Colombia*,
Mozambique, Zealand, Iceland, Haiti, Mexico,
Sierra Leone*, Philippines*, S. Moldova, Peru*, United
Somalia, S. Korea Papua Norway, Poland, States
Africa, Tanzania, West Guinea Sweden,
Uganda Switzerland,
Tajikistan,
United Kingdom

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