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Hellerstein, Rebecca - 2011

This paper examines the use of U.S. cash dollars as a secondary currency in informal transactions worldwide. While there is considerable interest in and a large theoretical literature on the use of secondary currencies, few empirical results have been established. The primary reason is that the...

Persistent link: https://www.econbiz.de/10013134235

Dollar Shortage, Central Bank Actions, and the Cross Currency Basis

Bottazzi, Jean-Marc - 2012

In our model, cross-currency basis, which captures the deviations from covered interest rate parity (CIP), reflects the relative value of the scarcer currency (US dollar) as collateral in funding constraints. Our empirical evidence shows that measures of dollar shortage derived from ECB tenders,...

Persistent link: https://www.econbiz.de/10013098803

Foreign Exchange Rate Volatility of Indian Rupee/ US Dollar

Karuthedath, Samsudheen K. - 2013

This study is an attempt to understand the behavior of Indian foreign exchange rate and its volatility characteristics by using a daily observation of Indian Rupee against US Dollar over the period of 40 years from 1st April 1973 to 31st March 2012. The foreign exchange rate volatility of Indian...

Persistent link: https://www.econbiz.de/10013082623

A Study of Indian Rupee Fluctuation Against US Dollar

Singh, Gurmeet - 2016

This paper is an attempt to study and understand the dynamics of Indian Rupee fluctuations against US Dollar using yearly observations over the period of 12 years from 2001 to 2012. In this paper, evolution of exchange rate mechanism from fixed to hybrid exchange rate system in context of India...

Persistent link: https://www.econbiz.de/10013001592

Excess Comovements between the Euro/US Dollar and British Pound/US Dollar Exchange Rates

Kuehl, Michael - 2009

The aim of this paper is to discuss excess comovements for the Euro/US dollar and British pound/US dollar exchange rates, i.e. we look for comovements of exchange rates which are stronger than implied by fundamentals. The results of the empirical analysis give evidence that excess comovements...

Persistent link: https://www.econbiz.de/10013154177

Bitcoin Sentiment Index, Performance and US Dollar Exchange Rate

Soomro, Ishfaque Ahmed - 2020

This study introduces a comprehensive Google search volume based Bitcoin sentiment index (BSI) by following the methodology of Da, Engelberg, and Gao (2014). BSI is investigated for its association with Bitcoin returns, trade volume, volatility, and United States dollar exchange rates (USD)....

Persistent link: https://www.econbiz.de/10012834516

Dollar and Exports

Bruno, Valentina - 2020

The strength of the US dollar has attributes of a barometer of dollar credit conditions, whereby a stronger dollar is … associated with tighter dollar credit conditions. Using finely disaggregated data on export shipments, we examine how dollar …-funded bank credit suffer a decline in exports due to increased funding costs. We argue that the US dollar is a global financial …

Persistent link: https://www.econbiz.de/10012835707

An Empirical Analysis of US Dollar Trading Newcits

Pascalau, Razvan C. - 2019

The present paper uses a sample of 66 US Dollar-trading Undertakings for Collective Investment in Transferable Securities (UCITS or sometimes-called Newcits) to find that the risk-adjusted performance of some strategies (i.e., Equity Long-biased, FOF, Fixed Income and Sector specific)...

Persistent link: https://www.econbiz.de/10012905838

Co-Movements in Volatility of Dependency between US Dollar and Euro : Analyzing by Conditional Heteroscedasticity Models

Derbali, Abdelkader - 2017

In this study, we use for the first time the conditional heteroscedasticity specifications (GARCH, AGARCH, APARCH, Asymmetry MEM, MEM, EGARCH, GJR GARCH, and GAS-GARCH Student t models) to examine the volatility of exchange rate returns between the US Dollar and the Euro. So, the conditional...

Persistent link: https://www.econbiz.de/10012942499

An Empirical Analysis of the Relationship between Currency Futures and Currency, Exchange Rate, Economical Formulas, Prediction Models and Volatility in India with Reference to US...

G, Nagaraj - 2017

One of the largest financial markets in the world is the “global foreign exchange market” with average daily trades in trillions of dollars. The forex market is the backbone of international trade, global investing and is critical to support imports and exports. The exchange rate is one of...

Persistent link: https://www.econbiz.de/10012944459