But productivity grew more slowly than in countries with floating exchange rates ... In addition, for a given growth rate of the money supply, higher money demand (the desire to hold money rather than ...

MAINTAINING low inflation and a floating exchange rate ... the BSP added. Even if exchange rates are used as a policy tool to boost trade, addressing supply side factors that limit domestic ...

But productivity grew more slowly than in countries with floating exchange rates ... In addition, for a given growth rate of the money supply, higher money demand (the desire to hold money rather than ...