volatility appears to change during the period of capital account restrictions (in the form of the un-remunerated reserve … requirement on capital inflows) between 2006-07. We also find that exchange rate volatility of Thai baht against four major … exchange rate volatility during the capital account restrictions period, suggesting that the restrictions on capital inflows …

influences exchange rate volatility and stock prices. Our analysis shows that exchange rate volatility of the Thai baht against … Thailand, we find that the exposure of firms to exchange rate volatility appears to change during the unremunerated reserve … exchange rate volatility during the unremunerated reserve requirement period on stock returns is stronger for some firms than …