Exchange rate policy modeling and forecasting the exchange rate: Indian rupee vis‐à‐vis the U.S. dollar

2020 ◽  
Vol 20 (3) ◽  
Author(s):  
Babu Rao Gona ◽  
Manamani Sahoo
CERNE ◽  
2010 ◽  
Vol 16 (2) ◽  
pp. 137-144
Author(s):  
Naisy Silva Soares ◽  
Eliane Pinheiro de Sousa ◽  
Márcio Lopes da Silva

This study aimed to analyze effects of the exchange rate adopted in Brazil as well as pulp and paper prices in the U.S. on pulp and paper prices in Brazilian currency, from April 2003 to February 2009. To attain that, the shift-share method was used, and analysis results indicated that price variations in Brazilian currency were more strongly influenced by exchange rate variations than by variations in dollar prices, demonstrating the importance of the exchange rate policy adopted by Brazil in the behavior of pulp and paper prices.


2010 ◽  
pp. 21-28
Author(s):  
K. Yudaeva

The level of trust in the local currency in Russia is very low largely because of relatively high inflation. As a result, Bank of Russia during crisis times can not afford monetary policy loosening and has to fight devaluation expectations. To change the situation in the post-crisis period Russia needs to live through a continuous period of low inflation. Modified inflation targeting can help achieve such a result. However, it should be amended with institutional changes, particularly development of hedging instruments.


Author(s):  
Leo Flynn

Article 124(1) EC Each Member State with a derogation shall treat its exchange-rate policy as a matter of common interest. In so doing, Member States shall take account of the experience acquired in cooperation within the framework of the exchange-rate mechanism.


2020 ◽  
Vol 44 (6) ◽  
pp. 1035-1046
Author(s):  
Kuang-Liang Chang ◽  
Jui-Chuan Della Chang

This article revisits the dynamic dependence between the U.S. international tourism demand and the exchange rate using a copula-based specification that features a time-varying and state-switching comovement structure. The empirical results find a state of high-volatile dependence during the oil price upsurge (2005M11-2006M09) and economic/financial crisis (2008M06-2011M06) and a state of low-volatile dependence during the remaining periods. During the former periods, a positive dependence between U.S. inbound visits and currency depreciation is indicated most often, and the magnitude of positive dependence varies dramatically. During the remaining periods, the positive and negative dependences coexist and interchange at a smooth pace. This finding implies that the exchange rate policy affects the tourism industry in the high-volatile dependence state but not in the low-volatile dependence state. The moderating role of crude oil price on the relationship between the international tourism demand and the exchange rate is also verified.


2011 ◽  
pp. 21-34 ◽  
Author(s):  
S. Andryushin ◽  
V. Kuznetsova

The article analyzes the emerging markets central banks exchange rate policy, while they choose the exchange rate regime in conditions of financial globalization. The authors present the new IMF exchange rate regimes taxonomy which separates them using historical data about nominal exchange rate developments. They identify some factors which affect the exchange rate regime option from the macroeconomic point of view. The article reviews some national markets safeguard measures from external shocks generated by international capital inflow or outflow.


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