Exchange rate behaviour
Essays on exchange rate behaviour in South Africa
... foreign exchange reserves that would have allowed the SARB to intervene in the foreign exchange market in earlier years, or the non-intervention policy adopted by the central bank after ...abrupt ...
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Disaggregate Real Exchange Rate Behaviour
... real exchange rates for a number of different sectors in eleven industrial ...real exchange rates and the ability of disaggregated prices to explain the PPP ...between exchange rates and certain ...
31
Exchange Rate Behaviour and Trade Balances in Nigeria: An Empirical Investigation
... of exchange rate volatility on Nigeria's exports to its most important trading-partner–the United States using quarterly data from January 1980 to April ...real exchange rate ...real ...
8
Exchange Rate Behaviour after Recent Float: The Experience of Pakistan
... Exchange rate is a price of traded goods in the world ...market, exchange rate should be adjusted according to the change in ...floating exchange rate regime in the short run ...
20
Exchange Rate Behaviour in the West Africa Monetary Zone: A GARCH Approach
... official exchange rate among the countries of ...change rate could result to a higher next period conditional variance than a negative shock (Brooks, ...official exchange rate of ...
15
Central bank intervention and exchange rate behaviour : empirical evidence for India
... 2. Literature Review Figure 1 shows the movements in net purchases of US dollars by the RBI as well as the nominal exchange rate of the Indian rupee to US dollar. From this figure, it seems that the Indian ...
18
Modern currency exchange rate behaviour and proposed trend-like forecasting model
... forex exchange business is a lucrative business to only those who have the competence and the ability to forecast the price direction of the exchange rate of currencies to the future with a high ...
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CiteSeerX — THE CAUSATIVE FACTORS IN EXCHANGE RATE BEHAVIOUR AND ITS IMPACT ON GROWTH OF NIGERIAN ECONOMY
... penalty rate for borrowing from the central bank, the attractive treasury bill rate which followed the rise in MRR, saw the central bank borrowing from the banks and the public as part of its monetary ...
12
Empirical investigation of the behaviour of the bilateral real exchange rate between India and the USA.
... real exchange rate for various determ inistic shocks in the exogenous ...the behaviour o f Indian real exchange rate (US D ollar/ Indian Rupees) using RBC model and O LW m ...real ...
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The interest rate - exchange rate nexus: exchange rate regimes and policy equilibria
... objective of a discretionary policymaker, that is commonly adopted in developing and emerging countries, does not solve the optimal delegation problem it only leads to higher social losses. We believe that the ...
40
Real exchange rate volatility, financial crises and exchange-rate regimes
... in exchange rate for a group of European transition countries, detecting breaks that are frequently associated with major changes in exchange rate regime), Balg and Mecalf (2010) (who ...
48
Exchange-Rate Systems and Interest-Rate Behaviour: The Experience of Hong Kong and Singapore
... Our data consist of daily observations of the HK, SP and US three-month interbank rates. The data were obtained from the Datastream, and cover the period 1 April 1986 through 28 February 2002, with 4153 observations in ...
27
Exchange Rate Volatility and Stock Market Behaviour: The Nigerian Experience
... interest rate and the real exchange rate will be ...and exchange rate risk stabilizing their ...the exchange rates are the trigger variable? Last, the understanding of the stock ...
10
The behaviour of the real exchange rate: evidence from regression quantiles
... Looking at the extreme quantiles we observe distinct departures from the linear QAR model. The multiplicity of linear sub-segments within the same quantile stresses the di¤erence between the semi- parametric and the ...
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Hedger Behaviour and Its Impact on Order Flow and Exchange Rate on Foreign Exchange Markets
... foreign exchange hedger who is trying to minimise her FX market risk exposure and secure foreign currency liquidity, in order to be able to settle her liabilities in a timely ...This behaviour is then ...
18
Exchange Rate Pass-Through, Exchange Rate Volatility, and Exchange Rate Disconnect
... This paper explores the hypothesis that high volatility of real and nominal exchange rates may be due to the fact that local currency pricing eliminates the pass-through from changes in [r] ...
43
Exchange rate regime and real exchange rate behavior
... real exchange rate ...real exchange rates according to exchange rate regimes such as hard peg, soft peg, managed float, and free float, ...between exchange rate regimes ...
13
On exchange rate regimes, exchange rate fluctuations, and fundamentals
... floating exchange rate does not perfectly in- sulate the foreign country from the monetary shock occuring in the home country, with pricing-to-market and perfect capital mobility (complete asset ...nominal ...
34
exchange rate
... equilibrium exchange rate The obtained models can be used for forecasting the future development of equilibrium exchange ...equilibrium exchange rate for basic scenario due to the ...
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The Interest Rate — Exchange Rate Nexus: Exchange Rate Regimes and Policy Equilibria
... interest rate on the terms of ...nominal exchange rate (provided that the anchor country ensures price ...the exchange rate target completely dominates other terms in the objective of ...
41