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Exchange rate behavior with currency inconvertibility [PDF]
Abstract The paper analyzes exchange rate dynamics in a world where the domestic currency is inconvertible into foreign currency and there is a ‘black market’ for foreign exchange. The official exchnage rate is thus set by policy but the black market rate is determined by portfolio balance.
openaire +2 more sources
An Intelligent Event-Sentiment-Based Daily Foreign Exchange Rate Forecasting System
Financial time series analysis is an important research area that can predict various economic indicators such as the foreign currency exchange rate. In this paper, a deep-learning-based model is proposed to forecast the foreign exchange rate.
Muhammad Yasir +6 more
doaj +1 more source
Fixed and Flexible Exchange Rates and Currency Sovereignty [PDF]
This paper provides an analysis of Keynes's original "Bancor" proposal as well as more recent proposals for fixed exchange rates. We argue that these schemes fail to pay due attention to the importance of capital movements in today's economy, and that they implicitly adopt an unsatisfactory notion of money as a mere medium of exchange.
SARDONI, Claudio, L. Randall Wray
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Analysis of time series for Malaysian currency exchange rate to the United States currency [PDF]
Currency exchange rate is one of the external factors that will affect the financial status of Malaysia. Therefore, forecasting the foreign currency exchange rate is important for the financial decision makers, bankers, academic researchers and business ...
Che Him, Norziha +4 more
core +1 more source
Do government guarantees really matter in fixed exchange rate regimes?
Since the mid 1990s, theories of speculative attacks have argued that fixed exchange rate regimes induce excessive borrowing in foreign currency as an optimal response to implicit guarantees that the government will not devalue the domestic currency ...
Marcio M. Janot +2 more
doaj +1 more source
Public foreign currency borrowing is a common problem of emerging markets. Scholars named it the original sin of foreign debt. It has a proven negative influence on economic growth and development, undermining financial stability, and increasing the ...
Dudzich Viktar
doaj +1 more source
Does an undervalued currency merit economic growth?: Evidence from Taiwan [PDF]
Whether an undervalued currency is an attainable industrial policy for developing countries’ sustained development has recently invoked many discussions.
Yan Ho-Don, Yang Cheng-Lang
doaj +1 more source
Exchange rate of Malaysian Ringgit (MYR) forecasting using decomposition method [PDF]
The Malaysian Ringgit (MYR) foreign exchange rate has fallen to the lowest level since the 2008 global credit crisis [1]. Hence, the selection of countries for three selected continents in the world has been conducted to study their currency exchange ...
Ahmad Nordin, Norain +4 more
core
Methods of influencing the exchange rate: problems of currency regulation and ways to overcome them
Currency regulation plays a significant role in the state economic policy. Depending on the goal, currency regulation can stimulate or constrain economic development in the country and, accordingly, affect the state of individual sectors, industries and
A. Ongdash +3 more
doaj +2 more sources
Exchange Rate Pass-Through to Non-oil Export Price of Iran [PDF]
According to exchange rate pass-through models, exchange rate has a great impact on the competitiveness of exports and determining the effects of exchange rate on export prices can be useful in planning for export promotion.
Hossein Asgharpour +2 more
doaj

