How Long to Read Lessons from Haiti’s Recent Exchange Rate Developments

How Long Does it Take to Read Lessons from Haiti’s Recent Exchange Rate Developments?

It takes the average reader and 45 minutes to read Lessons from Haiti’s Recent Exchange Rate Developments by Ms. Rina Bhattacharya

Assuming a reading speed of 250 words per minute. Learn more

Description

From August to October 2020, the Haitian authorities were successful at bringing about a sharp appreciation in the gourde/U.S. dollar exchange rate. This paper analyzes the factors behind this appreciation and its spillovers on the economy. It finds that foreign exchange surrender requirements had a statistically significant effect on the nominal exchange rate, while foreign exchange intervention by the central bank did not. Surrender requirements were also found to have raised trading costs and volatility in the foreign exchange market and contributed to the development of a wider parallel nominal exchange rate premium. This appreciation contributed to a decline in headline inflation during the episode while delivering some fuel subsidy-related savings to the government. Remittance-dependent households and exporters saw a drop in their purchasing power, and Haiti’s net external buffers were adversely affected. Following from these findings, the paper offers recommendations on ways to facilitate foreign exchange management and boost external sustainability while contributing to the central bank’s overall policy objectives.

How long is Lessons from Haiti’s Recent Exchange Rate Developments?

Lessons from Haiti’s Recent Exchange Rate Developments by Ms. Rina Bhattacharya is 45 pages long, and a total of 11,475 words.

This makes it 15% the length of the average book. It also has 14% more words than the average book.

How Long Does it Take to Read Lessons from Haiti’s Recent Exchange Rate Developments Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 2 minutes to read Lessons from Haiti’s Recent Exchange Rate Developments aloud.

What Reading Level is Lessons from Haiti’s Recent Exchange Rate Developments?

Lessons from Haiti’s Recent Exchange Rate Developments is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Lessons from Haiti’s Recent Exchange Rate Developments?

Lessons from Haiti’s Recent Exchange Rate Developments by Ms. Rina Bhattacharya is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Lessons from Haiti’s Recent Exchange Rate Developments by Ms. Rina Bhattacharya on Amazon click the button below.