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

exchange rate volatility are investigated for 48 countries. Estimation of panel data models indicates that nominal exchange … rate volatility decreases following dissemination of reserves template data while the effects of indebtedness and reserve … adequacy on volatility exhibit statistically significant changes …

evidence supporting the nonneutrality hypothesis of nominal exchange regime on RER volatility. Also, regime shifts play an …

the volatility for over hundred countries around the world. We used the monthly political risk data from the International … governance. Further monthly volatility is constructed from the daily exchange rate returns within each month for the period of … the floating exchange rate. The results also confirm that there is more volatility in exchange rate when political …

volatility with the apparent reality that macroeconomic fundamentals do not drive G3 exchange rates in the short-run. The recent … on the extent to which domestic inflation and interest rate surprises contribute to short-run volatility in G3 exchange … apply it to the history of the Bank of Japan, the Bundesbank, and the Federal Reserve in the period 1975-1998, finding …

This paper considers the effect of currency union on exchange rate volatility. At a theoretical level, a simple … framework is developed for thinking about volatility and exchange rate arrangements and some inferences are drawn from it …. Empirically, the interaction between currency areas and exchange rate volatility is analysed by constructing counterfactual …

The study empirically investigated the factors explaining the volatility of the bilateral exchange rate of the naira to … indicated that volatility of the naira exchange rate was characterised by clustering, strong leverage effect and moderate degree … reserves as well as economic growth were germane to dampening conditional volatility of the country’s exchange rate. It was …

This paper attempts to determine whether or not the introduction of the euro affected the volatility of bilateral … breaks in volatility across investigated variables, there is high heterogeneity regarding the located dates. Moreover, the … realignments in the Exchange Rate Mechanism seem to play a significant role in the reduction of volatility in some European …

the Japanese yen nor the Chinese yuan can challenge the US dollar has enhanced intra-regional exchange rate stability and …