Real Exchange Rate Targetion & Economic Stability: The Case of Iran

Abstract

There has been extensive debate in Iran over recent years about
appropriate exchange regime. Some are fixed exchange rate pros, some
advocate the managed floating regime, and others believe in pegging the
exchange. rate in which nominal exchange rate is annually adjusted to the
There are certain provisions embodied in the structure of the basic
model, which may identify it as a generally useful macro model applicable
to most les developed Economies