The behavior of current account balance and the value of the domestic currency has been a focal point of much policy discussion for a long time. Most of the OECD countries have experienced volatile exchange rates as well as current account deficits for most of the last two decades. Conventional...

Purpose The purpose of this study is to examine linkage between exchange rate, stock return and interest rate for India. Design/methodology/approach Using monthly data from January 2000 to December 2014, this study has scrutinized the linkage between exchange rate, stock return and interest rate...

Purpose This paper explores the possibilities for policy coordination in the Southern African Development Community (SADC) as well as real effective exchange rate (REER) stability as a prerequisite towards sensible monetary integration. The underlying hypothesis goes with the assertion that...

The effect of exchange rate movements on firm value is important to firms engaged in international transactions. These accounting exposures can be managed using financial instruments. However, the competitive or strategic effects that create economic exposure require firms to adopt a strategic...

This study estimates the rate and distance to convergence of WAMZ Member States and provides a comparative analysis of nominal and real convergence to evaluate WAMZ's preparedness for monetary integration. We employ monthly data on the consumer price index and nominal exchange rate from January...