Jordaan, Andre Cillie2015-09-162015-09-162015-08Andr é C. Jordaan (2015) Choice of Exchange Rate Regime in a Selection of African Countries, Journal of African Business, 16:3, 215-234, DOI: 10.1080/15228916.2015.1075645.1522-8916 (print)1522-9076 (online)10.1080/15228916.2015.1075645http://hdl.handle.net/2263/49946An exchange rate regime has an important impact on macroeconomic policies within developing countries and therefore essential in macroeconomic policy formation. The main research question is to determine how the variety of determinants would influence the exchange rate regime choice for a selection of 19 African developing countries. A distinction is made between three groups of variables, namely economic fundamentals, economic stabilisation aspects and currency crises factors, all affecting a country’s exchange regime choice. The probability of these determinants is then estimated to establish whether the selected countries would choose a fixed, an intermediate or a flexible exchange regime.en© Taylor and Francis Group, LLC. This is an electronic version of an article published in Journal of African Business, vol. 16, no. 3, pp. 215-234, 2015. doi : 10.1080/15228916.2015.1075645. Journal of African Business is available online at : http://www.tandfonline.comloi/wjab20.Exchange rate regimeAfrican countriesMacroeconomic policy formationDeveloping countriesPostprint Article