Would SDR Value Have Been Affected by Replacement of the Three European Currencies with the ECU (Euro)?
AbstractThis paper looks at what would have been the impact of replacing the three European currencies by the Ecu in the SDR. The results suggest that SDR value would have been relatively unaffected by such a change, even in periods of instability on the foreign exchange markets.
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Bibliographic InfoPaper provided by Ecole des Hautes Etudes Commerciales de Montreal- in its series Papers with number 96-14.
Length: 18 pages
Date of creation: 1996
Date of revision:
EUROPE; ECONOMIC INTEGRATION; CURRENCIES; EUROPEAN COMMUNITIES;
Find related papers by JEL classification:
- F10 - International Economics - - Trade - - - General
- F15 - International Economics - - Trade - - - Economic Integration
- F30 - International Economics - - International Finance - - - General
- F31 - International Economics - - International Finance - - - Foreign Exchange
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