International Finance Course project
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International Finance Course project


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  • 1526

Short excerpt:

Several countries across the globe have introduced The Unremunerated Reserve Requirement (URR) at one point in time or the other. However, one of the most notable names that stands out when talking about URR is Thailand. Chile and Mexico are some names that readily come to mind when talking of countries other than Thailand who have depended on the Unremunerated Reserve Requirement (URR) for various economic recovery purposes (Lopez-Acevedo and Salinas, 2000). Typically in the case of Thailand, there were a number of reasons that motivated the introduction of the Unremunerated Reserve Requirement (URR) provision. This write-up will look into among other things, the motivation behind the introduction of the URR, Impact of URR provision on the exchange rate of Thai Baht, impact of URR on

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