Relationship between Exchange Rate Volatility and Interest Rates Evidence from Ghana

dc.contributor.author	Mohammed, S.
dc.contributor.author	Mohammed, A.
dc.contributor.author	Nketiah-Amponsah, E.
dc.date.accessioned	2022-01-14T12:50:31Z
dc.date.available	2022-01-14T12:50:31Z
dc.date.issued	2021
dc.description	Research Article	en_US
dc.description.abstract	This paper examines the effect of interest rates on exchange rate volatilities in Ghana. It utilizes the Quarterly Time Series dataset spanning 2000 Quarter 1 to 2017 Quarter 2 and the Autoregressive Distributed Lag model as well as the Vector Error Correction Model to investigate the long-run and short-run relationships between the variables. The results showed that in the long-run model, exchange rate volatility was seen to be influenced by money supply, inflation, Central Bank’s policy rate, and the Ghana Stock Exchange composite index. However, in the short-run model, exchange rate volatility was found to be significantly influenced by its past values and the Central Bank’s policy rate	en_US
dc.identifier.other	https://doi.org/10.1080/23322039.2021.1893258
dc.identifier.uri	http://ugspace.ug.edu.gh/handle/123456789/37635
dc.language.iso	en	en_US
dc.publisher	Taylor & Francis Group	en_US
dc.subject	Exchange rate volatility	en_US
dc.subject	interest rate	en_US
dc.subject	autoregressive-distributed lag	en_US
dc.title	Relationship between Exchange Rate Volatility and Interest Rates Evidence from Ghana	en_US
dc.type	Article	en_US

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