Were, Maureen; Kamau, Anne W.; Kisinguh, Kethi N. - In: Advances in management & applied economics 3 (2013) 2, pp. 165-178
The paper investigates exchange rate determination in Kenya using vector error correction model approach to uncover the long run relationships. The empirical results show that current account balance has a role to play in the determination of the exchange rate. A rise, which denotes an...
