Economic Trends in Africa: The Economic Performance of Sub-Saharan African Countries

Abstract

This is a Working Paper and the author would welcome any comments on the present text Citations should refer to a Working Paper of the International Monetary Fund, mentioning the author, and the date of issuance. The views expressed are those of the author and do not necessarily represent those of the Fund.

Exchange Rate Regimes and Inflation and Output in Sub-Saharan Countries

“…Dhonte et al (1994) found that for many countries the spread between the official and parallel market rates was significantly lower in mid-1994 than it was at the end of 1990. Burundi and Nigeria were the main exceptions, where the spreads widened.…”