Problem
Mismanagement of exchange rate system
Incidence:
Effectiveness of currency and exchange rate management has declined since 1985, especially as major countries have become more concerned with domestic as opposed to international financial problems. International policy coordination of official exchange rate strategies has become less effective and less coherent.
Broader Problems:
Inadequacies of the international monetary system Narrower Problems:
Exchange rate volatilityDual exchange rate systemsDiscriminatory exchange rate policiesInability of countries to adopt appropriate exchange rate policies Aggravates:
Currency black marketSpeculation on money marketsExternal debtFluctuations in real value of money Strategies:
Coordinating international exchange rates Subject(s):
Commerce → Commercial exchange→ Systems
Management → Management
Related UN Sustainable Development Goals:
Problem Type:
F: Fuzzy exceptional problems Date of last update
28.10.2020 – 15:17 CET