exchange rate with respect to the currencies of major trading partner country USA. The daily data is used for the time period … distribution. We find that the volatility of the Pakistani rupee is best elucidated by the EGARCH process as using the past … volatility. The coefficient of moving average of the conditional mean equation suggests that percentage change in the exchange is …

exchange rate volatility. Eventually, the model offers a solution to the exchange rate disconnection puzzle. …

This paper investigates possible drivers of volatility in the South African rand since the onset of the global … financial crisis. We assess the role played by local and international economic surprises, commodity price volatility, global … market risk perceptions, and local political uncertainty. As a measure of rand volatility, the study uses a market …

This study first investigates the short and long-run effectsof exchange rate, output gap and output gap volatility on … inflation volatility.Also, causality tests results indicate that changes in the exchangerate, output gap volatility, and output … gap will have permanent andtemporary causal effects on inflation volatility. The policymakersshould carefully consider …