scholarly journals Impacts of Exchange Rate Volatility and FDI on Technical Efficiency—A Case Study of Vietnamese Agricultural Sector

2015 ◽  
Vol 05 (04) ◽  
pp. 317-325
Author(s):  
Nguyen Khac Minh ◽  
Pham Van Khanh ◽  
Nguyen Viet Hung
Keyword(s):  
Exchange Rate ◽  
Technical Efficiency ◽  
Agricultural Sector ◽  
Exchange Rate Volatility

scholarly journals Exchange rate impacts on international trade

2021 ◽  
Vol 190 (5-6(2)) ◽  
pp. 12-22
Author(s):  
Jalil Mehtiyev ◽  
◽  
Robert Magda ◽  
László Vasa ◽  
◽  
...  
Keyword(s):  
International Trade ◽  
Exchange Rate ◽  
World Bank ◽  
Trade Balance ◽  
Exchange Rate Volatility ◽  
Regression Analyses ◽  
Policy Changes ◽  
Long Run

As international trade activities are increased, there are more regulative practices which might be barriers to trade. One of such hindrances is exchange rate volatility that affects trade activities both directly and indirectly. Exchange rate volatility of currencies can affect the trade engagements and as well as the trade balance of a country. One of the implications of the study is that the impacts of monetary policy changes on trade activities can be noticed significantly in the long-term. While impacts on export levels are usually immediate, import levels are changed in long-run. The research analyzes the correlation between inflation and devaluation and clearly states their impacts on trade balance. The case study about devaluation of the currency of Azerbaijan elaborates the impacts of currency volatility on exports which is illustrated and analyzed in this research. Moreover, inflation and devaluation correlations and their impacts on import level of a country are studied through correlation and multiple regression analyses based on the data exported from OECD and World Bank. The results conclude that exchange rate volatility significantly impacts the trade balance in terms of imports and exports. Given the results, exchange rate is a non-trade barrier and affects foreign trade.

scholarly journals IMPLEMENTATION OF OPTIMUM CURRENCY AREA CRITERIA AND ITS VOLATILITY: CASE STUDY ASEAN-5+3

2010 ◽  
Vol 13 (2) ◽  
pp. 187-214
Author(s):  
Dimas Bagus Wiranata Kusuma ◽  
Arief Dwi Putranto
Keyword(s):  
Exchange Rate ◽  
Exchange Rate Volatility ◽  
Economic Structure ◽  
Optimum Currency Area ◽  
Single Currency ◽  
Currency Area ◽  
Currency Exchange ◽  
Currency Exchange Rate ◽  
Optimum Currency

This paper is aiming to elaborate the case of how exchange rate volatility (ERV), which is supposedly considered to form optimum currency area (OCA), can be reduced in order justify the feasibility of the OCA idea within ASEAN5 plus three. Interestingly, the results provide some evidences that the ASEAN5+3 are considered not really ready to form OCA. It corroborates the existing opinion that the different in economic structure and its policies over foreign environment are becoming some barriers and challenging area to synchronize in the following time. The positive impacts AS to ERV which are incurred in ASEAN5+3 economies indicate the existence of inappropriate condition to form OCA since there are no similar shocks across a monetary union’s participating countries. Under such condition, it would foster the costs of forgoing the exchange rate as a shock absorbing mechanism. It deserves to argue that those observed countries still are resisting their existing regime since they are till believing that they begin to establish the system of monetary which are able to absorb any possible shocks in regards of their SIZE. In sum, the ASEAN5+3 countries are considered to fulfilling the requirement to form currency optimum area which are able to main their stable currency.JEL: D81, E52, F15, F36Key words: Optimum Currency Area, a Single Currency, Exchange Rate Volatility, Stability

scholarly journals Impact of Exchange Rate Volatility on Growth and Economic Performance: A Case Study of Pakistan, 1973-2003

2005 ◽  
Vol 44 (4II) ◽  
pp. 749-775 ◽  
Author(s):  
Toseef Azid ◽  
Muhammad Jamil ◽  
Aneela Kousar
Keyword(s):  
Exchange Rate ◽  
Asset Pricing ◽  
Exchange Rates ◽  
Economic Performance ◽  
Conversion Factor ◽  
Exchange Rate Volatility ◽  
Risk Measurement ◽  
Portfolio Optimisation ◽  
Economic Decisions

“Exchange rate” is the price of one currency in relation to another. In a slightly different perspective, it expresses the national currency’s quotation in respect to foreign ones. Thus, exchange rate is a conversion factor, a multiplier or a ratio, depending on the direction of conversion. It is believed that if exchange rates can freely move, it may turn out to be the fastest moving price in the economy, bringing together all the foreign goods with it. In the existing literature, (most of the time) volatility comes with the exchange rate. Volatility is defined as “instability, fickleness or uncertainty” and is a measure of risk, whether in asset pricing, portfolio optimisation, option pricing, or risk management, and presents a careful example of risk measurement, which could be the input to a variety of economic decisions.

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