Services on Demand
Journal
Article
Indicators
- Cited by SciELO
- Access statistics
Related links
- Similars in SciELO
Share
Revista Latinoamericana de Desarrollo Económico
On-line version ISSN 2074-4706
Abstract
FERNANDEZ, Bernardo X.; FERNANDEZ Q., Vladimir and ALDAZOSA, E. René. A double currency auction for Exchange rate determination in Bolivia. rlde [online]. 2018, n.29, pp.151-175. ISSN 2074-4706.
This study presents a double auction competitive mechanism for the Bolivian foreign exchange market that would allow the Central Bank of Bolivia (BCB), as the mechanisms "auctioneer", to achieve a better understanding of the conditions surrounding the evolution of the foreign exchange market and how expectations are formed among its main players. With this information, and in line with its main policy objectives of preserving macroeconomic stability, strengthening local production and consolidating the process of de-dollarization in Bolivia, the BCB will have greater resources to apply a more active and effective foreign exchange policy.
Keywords : Exchange rate regime; double auctions; foreign exchange market; Bolivia.