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Keywords: ERR
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Journal Articles
African Journal of Economic and Management Studies (2019) 10 (2): 241–259.
Published: 16 May 2019
... an expected decline that may occur as a result of a macroeconomic imbalance. In this case, the monetary authorities become unable to defend the fixed exchange rate, forcing them to abandon it in favour of adopting a more flexible exchange rate regime (ERR), especially when the prevailing exchange rates...
