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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
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In a free floating rate system, the exchange rate is determined directly by market forces, and is liable to fluctuate continually, to follow changing market condition.
Indra Suhendra
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Exchange rate uncertainty and foreign trade [PDF]
Abstract This paper starts with reviewing the existing literature on exchange rate uncertainty and trade flows. It then argues that potential costs of medium term uncertainty in exchange rates and competitiveness are likely to be much larger than that of exchange risk which has been the focus of the existing literature.
PEREE, Eric, STEINHERR, Alfred
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The Effects of foreign exchange intervention policy in Korea
Most countries engage in indirect intervention in the foreign exchange market in order to stabilize the exchange rate under a flexible exchange rate regime, even though the exchange rate is mainly determined in the foreign exchange market. This empirical
Sang In Hwang
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Analysis on the Impact of the Foreign Exchange Reserves of China on Its Macro Economy [PDF]
China has the largest foreign exchange reserve in the world, but the high foreign exchange reserve is a double-edged sword for the country. There are two kinds of analysis for this.
Zhang Jiahao
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UNIFICATION OF CHINA'S FOREIGN EXCHANGE RATES [PDF]
This paper studies China's foreign exchange market before and after the 1994 unification of the official and swap exchange rates. Examining segmentation as well as linkages among the foreign exchange adjustment centers (FEACs) reveals that the linkages were not strong enough to eliminate or narrow price differentials among FEACs.
Wong, CYP, Huang, G
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KRW/USD Exchange Rate Volatility and Efficient Risk Management
This thesis analyzes the relationship between the exchange rate of Korean Won and US dollar and the amount of foreign exchange, and studies the direction of the amendment of the risk control of foreign exchange.
Sang-Yong Joo +2 more
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Foreign direct investment is one of the alternative sources for funding to assist development in Indonesia. Economic growth, interest rate, and exchange rate are considered to have an effect on the size of foreign direct investment in a country.
Gusti Agung Ayu Ratih Meita Sari +1 more
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Empirical Assessment of Foreign Exchange Market Effect on the Nigerian Emerging Economy [PDF]
This study examined Foreign Exchange Market effect on the Nigerian emerging economy. Specifically, the study considers the significant effect of foreign exchange rate, Balance of payment, Inflation rate and Interest rate on the Nigerian economy using ...
Sunday Oseiweh OGBEIDE
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The influence of foreign exchange on all spheres of any economy is germane to determining its extent of development. Most developing countries have been subjected to managing the integrity of the exchange rate arising from their disadvantageous position
Kolawole Subair
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