The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
From: Identifying Algeria’s de facto exchange rate regime: a wavelet-based approach
Periods | Probability that the monthly percent change in the nominal exchange rate falls within: | Probability that the monthly percent change in foreign exchange reserves falls within: | Correlation between changes in the exchange rate and changes in reserves | ||
---|---|---|---|---|---|
± 1% band | ± 2.5% band | ± 1% band | ± 2.5% band | ||
2000.01–2019.11 | 68.84 | 92.43 | 29.41 | 63.86 | −0.097** |
2000.01–2013.12 | 65.26 | 92.81 | 28.14 | 58.08 | −0.065* |
2014.01–2019.11 | 74.64 | 91.54 | 11.26 | 77.46 | −0.29** |