Exchange Rate Volatility Determinant in Indonesia and Malaysia
نویسندگان
چکیده
In the case of Indonesia and Malaysia, positive significant correlation between real effective exchange rate (REER) capital financial account explain that when inflows augment to domestic, then REER is more volatile. This result enhances IMF study (2006) show inflow on ASEAN countries dominated by short-term than long-term capital. addition, rates regime indicates becomes flexible, We can analyze in shifting fixed managed floating rate. The negative interest national currency market this appropriate with Frenkel (1981) Blanchard-Cohen (2007) empirical studies. relationship still significantly positive.
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ژورنال
عنوان ژورنال: Journal of economics, finance and management studies
سال: 2023
ISSN: ['2644-0490', '2644-0504']
DOI: https://doi.org/10.47191/jefms/v6-i4-43