Carry trade as a speculative investment strategy in Serbia
This paper is analyses causes and the consequences of a speculative investment carry trade strategy in the exchange market in Serbia. The presence of such type of investor is related to high yields of risk free securities denominated in dinars, as well as the perception of future movements of dinar...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Economics institute, Belgrade
2012-12-01
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| Series: | Industrija |
| Subjects: | |
| Online Access: | http://scindeks.ceon.rs/article.aspx?artid=0350-03731204219B |
| _version_ | 1811302694120325120 |
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| author | Bungin Sanja Filipović Sanja Matović Danijela |
| author_facet | Bungin Sanja Filipović Sanja Matović Danijela |
| author_sort | Bungin Sanja |
| collection | DOAJ |
| description | This paper is analyses causes and the consequences of a speculative investment carry trade strategy in the exchange market in Serbia. The presence of such type of investor is related to high yields of risk free securities denominated in dinars, as well as the perception of future movements of dinar exchange rate related to currency that serves as source of investment. The consequences of carry trade may significantly influence exchange rate movements when monetary policy has limited facilities to combat negative and sudden shocks. |
| first_indexed | 2024-04-13T07:32:40Z |
| format | Article |
| id | doaj.art-970dcd5bc5e3475a9b202dd82244672a |
| institution | Directory Open Access Journal |
| issn | 0350-0373 |
| language | English |
| last_indexed | 2024-04-13T07:32:40Z |
| publishDate | 2012-12-01 |
| publisher | Economics institute, Belgrade |
| record_format | Article |
| series | Industrija |
| spelling | doaj.art-970dcd5bc5e3475a9b202dd82244672a2022-12-22T02:56:17ZengEconomics institute, BelgradeIndustrija0350-03732012-12-01404219234Carry trade as a speculative investment strategy in SerbiaBungin SanjaFilipović SanjaMatović DanijelaThis paper is analyses causes and the consequences of a speculative investment carry trade strategy in the exchange market in Serbia. The presence of such type of investor is related to high yields of risk free securities denominated in dinars, as well as the perception of future movements of dinar exchange rate related to currency that serves as source of investment. The consequences of carry trade may significantly influence exchange rate movements when monetary policy has limited facilities to combat negative and sudden shocks.http://scindeks.ceon.rs/article.aspx?artid=0350-03731204219Bcarry tradeexchange ratemonetary policygovernment debt securities |
| spellingShingle | Bungin Sanja Filipović Sanja Matović Danijela Carry trade as a speculative investment strategy in Serbia Industrija carry trade exchange rate monetary policy government debt securities |
| title | Carry trade as a speculative investment strategy in Serbia |
| title_full | Carry trade as a speculative investment strategy in Serbia |
| title_fullStr | Carry trade as a speculative investment strategy in Serbia |
| title_full_unstemmed | Carry trade as a speculative investment strategy in Serbia |
| title_short | Carry trade as a speculative investment strategy in Serbia |
| title_sort | carry trade as a speculative investment strategy in serbia |
| topic | carry trade exchange rate monetary policy government debt securities |
| url | http://scindeks.ceon.rs/article.aspx?artid=0350-03731204219B |
| work_keys_str_mv | AT bunginsanja carrytradeasaspeculativeinvestmentstrategyinserbia AT filipovicsanja carrytradeasaspeculativeinvestmentstrategyinserbia AT matovicdanijela carrytradeasaspeculativeinvestmentstrategyinserbia |