Tag Archives : Dollarization

What do you understand by Exchange Rate Regime?

What do you understand by Exchange Rate Regime?

The way a country manages its currency in respect to foreign currencies and the foreign exchange market is referred to as the exchange rate regime. It has a close relation with monetary policy and the factors on…

What do you Understand by the Term Dollarization?

What do you Understand by the Term Dollarization?

When the inhabitants of a country use foreign currency in parallel to or instead of the domestic currency then Dollarization takes place. The term is not only applied to usage of the United States dollar, but generally it is applied to the…

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