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Journals / Journal of Business Economics and Finance / 2018 / Cilt: 7 - Sayı: 4

ARE CENTRAL BANK RESERVES AN IMPORTANT INSTRUMENT FOR STABILITY IN EXCHANGE RATES?

Yunus ACCİ
Pages
376–381
Publication Date
2018-12-30
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

In this study, the relationship between the nominal exchange rate and the gross foreign exchange reserves of the central bank has been investigated.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Purpose- In developing countries, the most important macroeconomic variable shaping individuals' expectations for economic stability is the nominal exchange rate.
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Key Findings & Data:For this reason, the first impact of central banks monetary policy implementation results comes out at nominal exchange rate.
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Conclusion & Impact:In this study, the relationship between the nominal exchange rate and the gross foreign exchange reserves of the central bank has been investigated.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Exchange rates · central banking · causality

Abstract

Purpose- In developing countries, the most important macroeconomic variable shaping individuals' expectations for economic stability is the nominal exchange rate. For this reason, the first impact of central banks monetary policy implementation results comes out at nominal exchange rate. In this study, the relationship between the nominal exchange rate and the gross foreign exchange reserves of the central bank has been investigated.

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Cite This Article

ACCİ, Y. (2018). ARE CENTRAL BANK RESERVES AN IMPORTANT INSTRUMENT FOR STABILITY IN EXCHANGE RATES?. Journal of Business Economics and Finance, Cilt: 7 - Sayı: 4, 376–381. https://ajindex.com/articles/835064

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