NZFC - Efficiency of New Zealand’s Spot FOREX Market after Twenty Four Years of Float

ARX Administrator    Sazali Abidin, Azilawati Banchit
13 Mar 2018
Category: Currency

Country or region: Asia Pacific (Overall)

Summary:
Government growth policies in the Asia-Pacific region throughout the 1980s involved a considerable amount of financial market liberalisation, which was intended to increase the efficiency of financial markets. The rationale for a freely floating currency rests heavily on the idea that an unregulated market will on average produce more appropriate ......


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