Foreign Exchange Intervention and Exchange Rate Volatility in Zambia

被引：2

作者：

Chipili, Jonathan Mpundu ^{[1
]}

机构：

[1] Bank Zambia, POB 30080, Lusaka 10101, Zambia

来源：

JOURNAL OF AFRICAN BUSINESS | 2014年 / 15卷 / 02期

关键词：

exchange rate volatility; intervention;

D O I：

10.1080/15228916.2014.921062

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The study analyzes the impact of central bank intervention on the volatility of the exchange rate in Zambia during the period of 1996-2013. The empirical findings reveal a statistically weak negative impact of intervention on exchange rate volatility, suggesting that other policy instruments are required to augment foreign exchange interventions in dampening volatility in the exchange rate.

引用

页码：114 / 121

页数：8

共 50 条

[1] Foreign exchange intervention and exchange rate volatility in Peru
Humala, Alberto
Rodriguez, Gabriel
APPLIED ECONOMICS LETTERS, 2010, 17 (15) : 1485 - 1491
[2] Exchange rate, exchange rate volatility and foreign direct investment
Kiyota, K
Urata, S
WORLD ECONOMY, 2004, 27 (10): : 1501 - 1536
[3] Exchange Rate Volatility and Trade Flows in Zambia
Chipili, Jonathan M.
AFRICAN DEVELOPMENT REVIEW-REVUE AFRICAINE DE DEVELOPPEMENT, 2013, 25 (01): : 55 - 66
[4] THE RESEARCH OF VOLATILITY OF FOREIGN EXCHANGE RATE
Andreeva, N., V
TOMSK STATE UNIVERSITY JOURNAL, 2007, (299): : 111 - +
[5] A structural break in the effects of Japanese foreign exchange intervention on yen/dollar exchange rate volatility
Hillebrand E.
Schnabl G.
International Economics and Economic Policy, 2008, 5 (4) : 389 - 401
[6] Foreign exchange market intervention: implications of publicly announced and secret intervention for the euro exchange rate and its volatility
Brissimis, SN
Chionis, DP
JOURNAL OF POLICY MODELING, 2004, 26 (06) : 661 - 673
[7] Central bank intervention and foreign exchange volatility
K. Doroodian
Tony Caporale
International Advances in Economic Research, 2001, 7 (4) : 385 - 392
[8] Foreign exchange rate volatility smiles and smirks
Choi, Sun-Yong
Kim, Jeong-Hoon
Yoon, Ji-Hun
APPLIED STOCHASTIC MODELS IN BUSINESS AND INDUSTRY, 2021, 37 (03) : 628 - 660
[9] EXCHANGE RATE VOLATILITY AND HUNGARIAN FOREIGN TRADE
Simakova, Jana
HRADECKE EKONOMICKE DNY 2014: EKONOMICKY ROZVOJ A MANAGEMENT REGIONU, DIL III, 2014, : 234 - 240
[10] Central bank intervention and exchange rate volatility
Dominguez, KM
JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 1998, 17 (01) : 161 - 190

← 1 2 3 4 5 →