Press

  • May 30, 1997

    Flexible Exchange Rates in a World of Low Inflation

    Remarks Gordon Thiessen FOREX '97 Conference Toronto, Ontario
    There is a good deal of discussion these days about Economic and Monetary Union (EMU) in Europe - about the benefits and difficulties of organizing such a union. However, today I would like to examine a somewhat different issue, one that is at the other end of the spectrum; namely, How is the international system of flexible exchange rates working these days?
    Content Type(s): Press, Speeches

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