Why is Exchange Rate Pass-through So Low?
Published By: eSS, Mumbai, India | Published Date: March, 14 , 2006Policy makers are particularly concerned about the extent and speed of exchange rate pass-through into domestic prices. However, in recent times there seems to be a growing degree of disconnect between exchange rate changes and domestic consumer prices in general, or, for that matter, even into wholesale or import prices.
Author(s): Ramkishen S. Rajan, Amit Ghosh | Posted on: Mar 14, 2006 | Views(3351) | Download (1001)