Exchange rate behavior in the cases of the Zambian Kwacha and Malawian Kwacha : is there misalignment?

The exchange rate is the price of one currency against another currency or currencies of a group of countries. Real exchange rates are important because they show the external competitiveness of a country‟s economy. Thus, when the exchange rate of a country is misaligned, this will affect its trade,...

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Bibliographic Details
Main Authors: Magwizi, Brenda Thandekha, Rhodes University
Format: Others
Language:English
Published: Rhodes University 2011
Subjects:
Online Access:http://hdl.handle.net/10962/d1002708