International Journal of Economics and Financial Issues, 2015 Several pioneering studies have established that the period of exchange rate misalignment is characterized by currency appreciation and depreciation. These studies conclusively assert that if currency overvaluation occurs beyond a minimum threshold it ...
Abdulkadir Abdulrashid Rafindadi
doaj +8 more sources
Assessing Indicators of Currency Crisis in Ethiopia: Signals Approach [PDF]
, 2015 Currency crises, generally defined as rapid depreciation of a local currency or loss of foreign exchange reserves, are common incidents in modern monetary systems.
Kelbesa Megersa, D. Cassimon
semanticscholar +2 more sources
Currency Crisis in Sudan in 2012: An Econometric Analysis
Arab Economic and Business Journal, 2015 The Sudan currency crisis in 2012 occurred when the Sudanese pound lost 66 percent of its value against the US dollar. In this article we adopt statistical methods such as the signal approach and econometric methods such as the Probit Model for ...
Alamedin Bannaga, Dr.
doaj +3 more sources
A Multifractal Analysis of Asian Foreign Exchange Markets [PDF]
Eur. Phys. J. B (2012) 85: 214, 2008 We analyze the multifractal spectra of daily foreign exchange rates for Japan, Hong-Kong, Korea, and Thailand with respect to the United States Dollar from 1991 to 2005. We find that the return time series show multifractal spectrum features for all four cases.
Gabjin Oh +6 more
arxiv +2 more sources
THE CURRENCY OF FAILURE: Money and Middle-Class Critique in Post-Crisis Buenos Aires
, 2015 The 2001–2002 Argentine financial crisis entailed a dramatic currency devaluation. I argue that the devalued peso served as a key site for self-reflexive national critiques, which circulated as a privileged currency of middle-class distinction.
Sarah T. Muir
semanticscholar +3 more sources
Real and Financial Shocks, Exchange Rate Regimes and the Probability of a Currency Crisis [PDF]
, 2017 Ryota Nakatani
semanticscholar +2 more sources
The Relationship between Currency Crisis and Capital Control: An Early Warning Model of Currency Crisis [PDF]
فصلنامه پژوهشهای اقتصادی ایران, 2022 The purpose of this paper is to specify an early warning system for currency crisis and to investigate the role of capital control together with other warning indicators in the crisis.
Narges Nasiri, Seyed Komail Tayebi
doaj +1 more source
Investigating the Relationship between Currency Crises and Bank Credits in Iran using the Time-Varying Parameters Approach [PDF]
Faslnāmah-i Pizhūhish/Nāmah-i Iqtisādī, 2023 This study aims to investigate the relationship between currency crises and fluctuations in banking credits in Iran. Utilizing a time-varying coefficients approach spanning from 1989 to 2022, alongside economic boom and recession indicators, the analysis
Yazdan Gudarzi Farahani, Omidali Adeli
doaj +1 more source
Good-Bye Original Sin, Hello Risk On-Off, Financial Fragility, and Crises? [PDF]
Journal of International Money and Finance, 117, 102442 (2021), 2022 We analyze the sovereign bond issuance data of eight major emerging markets (EMs) - Brazil, China, India, Indonesia, Mexico, Russia, South Africa and Turkey from 1970 to 2018. Our analysis suggests that (i) EM local currency bonds tend to be smaller in size, shorter in maturity, or lower in coupon rate than foreign currency bonds; (ii) EMs are more ...
arxiv +1 more source
Dynamic correlation between exchange rate and the listed industries stock index during the currency crises: The Implications for Optimal Portfolio Construction [PDF]
Iranian Journal of Finance, 2021 In this study, we examine the correlation between stock returns of Export-oriented (EOIs) and Import-oriented (IOIs) industries and exchange rates, to derive stock-exchange optimal weights, attempting to manage the risk of investors in the capital market.
Maryam Bazraei +3 more
doaj +1 more source