Journal Article
A Mexican currency board?
Abstract: A look at the pros and cons of replacing Mexico's central bank with a currency board, explaining that although a currency board would eliminate monetary policy discretion and help to restore faith in the peso's purchasing power, it would also prevent exchange-rate changes from aiding economic adjustments.
Keywords: Currency boards; Mexico;
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1995
Issue: Mar
Order Number: 2