The valuation effect of changes in exchange rates
The practice of publishing balance of payments statistics, and analysing balance of payments developments, in domestic currency has one unfortunate consequence. In the event of a major change in the exchange rate, domestic-currency valuation can give a very misleading picture because of the valuatio...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-10-01
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| Series: | PSL Quarterly Review |
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| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10840 |