volatility of the basket. Although, in the past, RMB inclusion would have had negligible impact due to its limited weight, a much … stable, at least in the short and medium run. -- SDR ; renminbi ; international monetary system ; foreign exchange volatility …

volatility of the basket. Although, in the past, RMB inclusion would have had negligible impact due to its limited weight, a much …

This paper aims to quantify the impact of nominal exchange rate volatility on nominal trade flows with a particular …

exchange rate volatility using generalized autoregressive conditional heteroscedasticity model. Our results suggest that … central bank communication has a calming effect on exchange rate volatility. The timing of central bank communication seems to …, macroeconomic news releases are found to reduce exchange rate volatility, while interest rate differential seems to increase it …

This paper analyzes the effects of changes in the Czech exchange rate mechanism on the volatility of the Czech spot … exchange rate. While related studies draw the conclusion that exchange rate volatility decreased after the widening of the … to a refined estimation technique, it becomes apparent that an increase rather than a decline in volatility has taken …