I extend Cho, Sheldon, and McCorriston's (2002) analysis of the effect of exchange rate volatility on agricultural … that exchange rate volatility has a large negative impact on agricultural trade between G-10 members. After controlling for … agricultural export subsidies, which are correlated with exchange rate volatility, I show that the original impact declines by half …

), its volatility as well as the asymmetric effects, for the period of 12th May 2009 to 12th June, 2015. The empirical …-of-theweek effect is influenced by the choice of the volatility model applied. Similarly, the highest or lowest volatility market day …