000 02597cam a2200493I 4500
001 ocn903698872
003 OCoLC
005 20240829110418.0
006 m d
007 cr |||||||||||
008 141220s2012 xx a ob 000 0 eng d
040 _aYDXCP
_beng
_cYDXCP
_dOCLCQ
_dN$T
_dDJB
_dCUS
_dE7B
_dOCLCF
_dEBLCP
019 _a808030749
_a813209559
020 _a1475586477
_qelectronic bk.
020 _a9781475586473
_qelectronic bk.
035 _a(OCoLC)903698872
_z(OCoLC)808030749
_z(OCoLC)813209559
043 _afb-----
050 4 _aHG3982
072 7 _aBUS
_x027000
_2bisacsh
082 0 4 _a332.456096
_223
049 _aTEFA
100 1 _aThomas, Alun H.
_q(Alun Huw),
_eauthor.
_9779762
245 1 0 _aExchange rate and foreign interest rate linkages for Sub-Saharan Africa floaters
_h[electronic resource] /
_cprepared by Alun Thomas.
260 _a[Place of publication not identified] :
_bInternational Monetary Fund,
_c2012.
300 _a1 online resource :
_billustrations
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aIMF working paper ;
_vWP/12/208
504 _aIncludes bibliographical references.
520 _aThe paper considers the determinants of exchange rate movements among sub-Saharan countries that have flexible exchange rate regimes. The determinants are based on the law of one price and interest parity conditions. Results indicate that the exchange rates have responded significantly to changes in the US Treasury bill rate and to the EMBI spread in recent years. The effects are more important for countries with open capital accounts. On the other hand the paper does not provide any support for the interest rate parity theory because domestic interest rates have no bearing on exchange rate movements.
650 0 _aForeign exchange rates
_zAfrica, Sub-Saharan.
_9779763
650 0 _aInterest rates
_zAfrica, Sub-Saharan.
_9779764
650 7 _aBUSINESS & ECONOMICS / Finance
_2bisacsh
_9195626
650 7 _aForeign exchange rates.
_2fast
_0(OCoLC)fst00931816
_9244325
650 7 _aInterest rates.
_2fast
_0(OCoLC)fst00976178
_9257183
651 7 _aAfrica, Sub-Saharan.
_2fast
_0(OCoLC)fst01239520
_9714832
655 4 _aElectronic books.
_9396
710 2 _aInternational Monetary Fund.
_bAfrican Department.
_9644981
830 0 _aIMF working paper ;
_vWP/12/208.
856 4 0 _3EBSCOhost
_uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=568149
938 _aEBSCOhost
_bEBSC
_n568149
994 _aC0
_bTEF
999 _c670380
_d670380