Exchange rates in Singapore and Malaysia: are they driven by the same fundamentals?
This study examines the empirical link between exchange rates and fundamentals using the monetary model of the exchange rate for the Malaysian ringgit and the Singapore dollar against two key bilateral rates-the US dollar and the Japanese yen. We formally tested for the long-run monetary model of ex...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Faculty of Economics & Administration, University of Malaya and Malaysian Economic Association
2010
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Online Access: | http://psasir.upm.edu.my/id/eprint/14631/1/Exchange%20rates%20in%20Singapore%20and%20Malaysia%20are%20they%20driven%20by%20the%20same%20fundamentals.pdf |