The Lebanese central bank is targeting the nominal exchange rate since 1992 to a chieve price stability and to control inflation. Some economies have shifted to targeting the inflation rate. This rendered their monetary policy more effective . Whether the
Description:
Project (M.A.F.E.)--American University of Beirut, Dept. of Economics, 2008.;"First Reader : Dr. Simon Neaime, Associate Professor, Economics--Second Reader : Dr. Marcus Marktanner, Assistant Professor , Economics"