Relationship between Exchange Rates and Stock Prices – GCC Perspectives
The main objective of this paper is to investigate the relation between the exchange rates and stock prices of the six GCC countries. The empirical results indicate that there is cointegration between stock prices and exchange rates in Kuwait, Bahrain and Oman. The Granger causality test reveals th...
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| Format: | Article |
| Language: | English |
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EconJournals
2017-04-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://econjournals.com/index.php/ijefi/article/view/3762 |