DEUTSCHEMARK DOMINANCE OF EMS CURRENCIES: EVIDENCE FROM DAILY SPOT EXCHANGE RATES

DEUTSCHEMARK DOMINANCE OF EMS CURRENCIES: EVIDENCE FROM DAILY SPOT EXCHANGE RATES

This study investigates the German dominance hypothesis from the perspective offoreign exchange rates withintheEMS. ThefindingsindicatethatthevalueoftheGermandeutschemarkaffectsthevaluesofotherEMS currencies more than values of the other currencies affect the deutschemark. Bi-directional effects exi...

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Bibliographic Details
Main Authors: Peggy Swanson, Parvez Ahmed
Format: Article
Language:English
Published: People & Global Business Association (P&GBA) 1997-03-01
Series:Global Business and Finance Review
Subjects:
deutschemark dominance
ems currencies
exchange rates
Online Access:http://www.gbfrjournal.org/pds/journal/thesis/20150625125556-ZI1Y6.pdf

Internet

http://www.gbfrjournal.org/pds/journal/thesis/20150625125556-ZI1Y6.pdf

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