Currency depreciation

Ebook "The Asian financial crisis: Crisis, reform and recovery" provides answers to all the above questions and more, and gives a comprehensive account of how the international economic order operates, examines its strengths and weaknesses, and what needs to be done to fix it.

409p tuongnhuoclan 28-11-2023 6 5   Download

This study enhances the understanding of imperfect factor markets by examining the impact of country-level factors on takeover location decisions and the gains to target firms. The results suggest that the likelihood that a completed deal is a cross-border acquisition rather than a domestic acquisition is higher for target countries with lower government quality, weaker investor protection, stronger restrictions on capital mobility, lower corporate tax rates, and more depreciated currencies.

9p vigeneralmotors 13-07-2022 19 6   Download

This study aims to investigate the interactions, volatility spillovers and smooth transition effects between stock and foreign exchange markets in emerging versus developed countries by the Smooth Transition Vector Error Correction-Smooth Transition GARCH with Dynamic Conditional Correlation model (STVESTGARCH-DCC). The empirical results yield several findings. Firstly, boom stock markets in emerging countries will trigger their domestic currency appreciation, while prosperous stock markets in developed countries result in currency depreciation.

33p nguaconbaynhay12 08-06-2021 21 1   Download

The paper examines the impacts of exchange rate on Vietnam‘s trade balance with Japan based on the employment of industry-level data in a set of linear and nonlinear auto-regressive distributed lag models. Results from the models indicate a degree of bias in regression when using aggregate data and a linear ARDL approach.

38p vimaryland2711 05-04-2021 11 1   Download

In this chapter, students can obtain and interpret exchange rates, students can convert currencies using direct and indirect quotes and cross rates, students can compute and interpret currency appreciations and depreciations, students can forecast appreciations using PPP and IRP.

32p nanhankhuoctai1 29-05-2020 20 1   Download

In this chapter, students can obtain and interpret exchange rates, students can convert currencies using direct and indirect quotes and cross rates, students can compute and interpret currency appreciations and depreciations, students can forecast appreciations using PPP and IRP.

30p nanhankhuoctai1 29-05-2020 17 1   Download

In this chapter, students will be able to understand and can apply the following concepts to business situations: foreign exchange competitive exposure; real appreciation and depreciation; Identifying, measure, and managing competitive exposure.

19p nanhankhuoctai1 29-05-2020 20 0   Download

This paper examines the effect of target Federal funds rate changes on major five foreign exchange markets: Canada, Australia, Euro, Japan and the UK during the period from 2000 to 2007. Two different approaches of Rai, Seth and Mohanty (2007) and the event study of Brown and Warner (1980, 1985) are used in our paper. The results show that event-study method yields a stronger relationship between the U.S. Federal funds rate and exchange rates. On average, evidences are consistent with our expectations: federal funds rate increases (decreases) are associated with the U.S.

16p covid19 19-04-2020 21 2   Download

The paper examines short-run exchange rate dynamics in a small open economy, Taiwan, based on the microstructure framework of foreign exchange markets. This study develops a contrarian imbalance-based trading strategy given the negative interaction between lagged order imbalances and current returns. We find that imbalance-based strategy with large order imbalance consistently outperforms the benchmark, and an asymmetry trading performance in the currency appreciations versus depreciations period. These results could interpret as reflecting the official intervention behavior.

28p chauchaungayxua2 19-01-2020 27 2   Download

This paper examines the relationship between Japanese stock prices and two volatility indexes. In Japan, a drastic monetary policy, Abenomics, designed to combat serious and continued deflation has been conducted since 2013. The two time periods, before and after the policy, are analyzed and compared in this study. Empirical results show that there is no difference between the two periods for volatility indexes on Japanese stock prices, however, the impact of historical volatility (HV) changes on stock prices differs largely between before and after Abenomics.

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Topic 5 - Exchange rates, spot quotes, transactions, forwards, and appreciations. The main goals of this chapter are to: Students can obtain and interpret exchange rates, students can convert currencies using, students can compute and interpret currency appreciations and depreciations, students can compute forward premiums.

27p shiwo_ding8 25-06-2019 22 1   Download

This study aims to investigate the link of trade balance and exchange rate for the case of Thailand in different aspects by initially attempting to examine what factors determine the trade balance in Thailand and then to test the long-run relationship between the exchange rate and Thailand’s trade balance.

24p danhnguyentuongvi27 18-12-2018 23 0   Download

Topic 2 - Exchange rates, quotes, transactions, and appreciations. In this chapter, the learning objectives are: Students can obtain and interpret exchange rates, students can convert currencies using, students can compute and interpret currency appreciations and depreciations.

22p nomoney9 04-04-2017 31 1   Download

The fair value of investments and other assets and liabilities in foreign currencies is translated into the Fund’s functional currency at the rates of exchange prevailing at the period-end date. Purchases and sales of investments, and income and expenses are translated at the rates of exchange prevailing on the respective dates of such transactions.

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Thus was created a perfectly uniform currency for the transactions of commerce, and bank money rose at once to an agio, or premium above the current coin. This premium varied from time to time. It may be looked upon as nearly equal to, and generally as representing the average depreciation of the current coin below its nominal value. The Bank of Amsterdam, after its first establishment, admitted no new subscribers; but it sold bank money to all who wished to purchase, at a premium varying with the market price.

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FORTY years have passed since the first German-language edition of this volume was published. In the course of these four decades the world has gone through many disasters and catastrophes. The policies that brought about these unfortunate events have also affected the nations' currency systems. Sound money gave way to progressively depreciating fiat money. All countries are to-day vexed by inflation and threatened by the gloomy prospect of a complete break-down of their currencies.

34p enterroi 01-02-2013 32 5   Download

Đạo hàm riêng Phân tích chéo Hàm số tiêu dùng chéo Trợ cấp chéo 686 Crowding hypothesis 687 Crowding out 688 CSO 689 Cubic 690 Cultural change 691 Culture of poverty hypothesis Giả thuyết chèn ép Lấn áp; chèn ép Cục thống kê trung ương Lập phương Sự thay đổi văn hoá Giả thuyết về văn hoá nghèo khổ 692 Cumulative causation model 693 Cumulative preference shares 694 Cumulative shares 695 Currency 696 Currency appreciation 697 Currency control 698 Currency depreciation Mô hình nhân quả tích luỹ Các cổ phiếu ưu đãi Cổ phiếu được trả lợi theo tích luỹ Tiền mặt, tiền tệ...

28p cnkbmt10 24-10-2011 121 30   Download