文章基本信息
- 标题：Forward currency markets in Asia: lessons from the Australian experience
- 本地全文：下载
- 作者：Guy Debelle ; Jacob Gyntelberg ; Michael Plumb 等
- 期刊名称：BIS Quarterly Review: International Banking and Financial Market Developments = BIZ-Quartalsbericht: Internationales Bankgeschäft und internationale Finanzmärkte
- 印刷版ISSN：1012-9979
- 出版年度：2006
- 卷号：2006
- 期号：3
- 出版社：Bank for International Settlements
- 摘要：
Capital controls have resulted in the creation of numerous offshore non-deliverable forward (NDF) markets for Asian currencies. The Australian experience in the 1970s and early 1980s indicates that an NDF market may facilitate a smooth transition to a fully convertible currency.
