C H A P T E R 6Government Influence on

Exchange Rates

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Exhibit 6.1 Exchange Rate Arrangements

Exhibit 6.1 Exchange Rate Arrangements (continued)

Exhibit 6.2 Effects of Direct Central Bank Intervention in the Foreign Exchange Market

Exhibit 6.3 Forms of Central Bank Intervention in the Foreign Exchange Market

Exhibit 6.4 Impact of Government Actions on Exchange Rates

Exhibit 6A.1 How Exchange Rates Changed during the Asian Crisis (June 1997–June 1998)

Exhibit 6A.2 How Interest Rates Changed during the Asian Crisis (# before slash =

annualized interest rate 6/97; # after slash = annualized interest rate 6/98)