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Dergiler / Journal of Business Economics and Finance / 2018 / Volume: 7 Issue: 4

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

Yunus Acci0000-0002-3385-9087
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Yayın Tarihi
2018-12-30
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In this study, the relationship between the nominal exchange rate and the gross foreign exchange reserves of the central bank has been investigated.

📌 3 Maddede Bu Makale

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Amaç & Hipotez:Purpose- In developing countries, the most important macroeconomic variable shaping individuals' expectations for economic stability is the nominal exchange rate.
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Temel Bulgular & Veri:For this reason, the first impact of central banks monetary policy implementation results comes out at nominal exchange rate.
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Sonuç & Katkı:In this study, the relationship between the nominal exchange rate and the gross foreign exchange reserves of the central bank has been investigated.
🔬Tür:Research Article
📍Kapsam:Genişletilmiş Akademik Örneklem
⚙️Değişkenler: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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Bu Makaleye Atıf Yap

Acci, Y. (2018). ARE CENTRAL BANK RESERVES AN IMPORTANT INSTRUMENT FOR STABILITY IN EXCHANGE RATES?. Journal of Business Economics and Finance, Volume: 7 Issue: 4. https://doi.org/10.17261/Pressacademia.2018.998

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Kaynakça (19)

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