Wong, Hock Tsen - In: Journal of Economics, Finance and Administrative Science 27 (2022) 54, pp. 262-276
significant than the ARDL approach. The asymmetric real exchange rate is mostly found to have a significant impact on the real … determination of stock prices. Originality/value - It is important to examine the impact of asymmetric real exchange rate on the … real stock price as the depreciation of real exchange rate could have different impacts than the appreciation of real …