Exchange rate regimes and volatility: comparison of the Snake and Visegrad. The William Davidson Institute working paper, no. 622.

Abstrakt

Exchange rate stability was defined as one of the prerequisites for monetary integration in Europe. In this paper, we analyze recent developments in the volatility of exchange rates of the Central Europian countries (the Visegrad group) and a selected group of Europian Union countries (the Snake) participating in the former European Monetary System.