Munich Personal RePEc Archive

Real Exchange Rate Misalignment in the cfa franc zone after the cfa franc devaluation of January 1994

Kuikeu, Oscar (2013): Real Exchange Rate Misalignment in the cfa franc zone after the cfa franc devaluation of January 1994.

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Abstract

In cfa franc zone, the exchange rate was devalued, in January 1994, in order to deal with the major macroeconomic imbalances that have affected the members during the 1980 decade. Thus, the aim of this paper is to assess the degree of over/undervaluation (namely real exchange rate misalignment) of the currency in the cfa franc zone since the cfa franc devaluation of January 1994.

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