Macroeconomic factors that effect the exchange rate fluctuation in Malaysia / Syed Hazim Syed Zainul Abidin

This paper empirically investigates the macroeconomic factors that influence exchange rate fluctuation in Malaysia. The independent variables for this study are focus on macroeconomic factors that consists of employment rate, balance of payment, budget deficit or surplus, tax rate and corruption whi...

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Main Author: Syed Zainul Abidin, Syed Hazim
Format: Thesis
Language:English
Published: 2021
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/63814/2/63814.pdf
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spelling my-uitm-ir.638142022-08-24T06:36:49Z Macroeconomic factors that effect the exchange rate fluctuation in Malaysia / Syed Hazim Syed Zainul Abidin 2021 Syed Zainul Abidin, Syed Hazim Macroeconomics Stock exchanges. Insider trading in securities This paper empirically investigates the macroeconomic factors that influence exchange rate fluctuation in Malaysia. The independent variables for this study are focus on macroeconomic factors that consists of employment rate, balance of payment, budget deficit or surplus, tax rate and corruption while dependent variable is exchange rate. The methodology applied for this study is using the Ordinary Least Square (OLS) method. The estimation data for this study covering the period quarterly between 2009 until 2019. The study had found that all variables except tax rate and budget deficit influence had an effect negatively towards exchange rate. Hence, tax rate and budget deficit showed significant effect on exchange rate. This was because tax rate effected on the cost of trade, import, export, and the economy of certain countries. Meanwhile, the budget deficit effect the government funding thus effect the economy, people and business owner. 2021 Thesis https://ir.uitm.edu.my/id/eprint/63814/ https://ir.uitm.edu.my/id/eprint/63814/2/63814.pdf text en public degree UiTM Cawangan Johor Faculty of Business Management Mohd Shafi, Roslina Ahmad, Zuraidah
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Mohd Shafi, Roslina
Ahmad, Zuraidah
topic Macroeconomics
Macroeconomics
spellingShingle Macroeconomics
Macroeconomics
Syed Zainul Abidin, Syed Hazim
Macroeconomic factors that effect the exchange rate fluctuation in Malaysia / Syed Hazim Syed Zainul Abidin
description This paper empirically investigates the macroeconomic factors that influence exchange rate fluctuation in Malaysia. The independent variables for this study are focus on macroeconomic factors that consists of employment rate, balance of payment, budget deficit or surplus, tax rate and corruption while dependent variable is exchange rate. The methodology applied for this study is using the Ordinary Least Square (OLS) method. The estimation data for this study covering the period quarterly between 2009 until 2019. The study had found that all variables except tax rate and budget deficit influence had an effect negatively towards exchange rate. Hence, tax rate and budget deficit showed significant effect on exchange rate. This was because tax rate effected on the cost of trade, import, export, and the economy of certain countries. Meanwhile, the budget deficit effect the government funding thus effect the economy, people and business owner.
format Thesis
qualification_level Bachelor degree
author Syed Zainul Abidin, Syed Hazim
author_facet Syed Zainul Abidin, Syed Hazim
author_sort Syed Zainul Abidin, Syed Hazim
title Macroeconomic factors that effect the exchange rate fluctuation in Malaysia / Syed Hazim Syed Zainul Abidin
title_short Macroeconomic factors that effect the exchange rate fluctuation in Malaysia / Syed Hazim Syed Zainul Abidin
title_full Macroeconomic factors that effect the exchange rate fluctuation in Malaysia / Syed Hazim Syed Zainul Abidin
title_fullStr Macroeconomic factors that effect the exchange rate fluctuation in Malaysia / Syed Hazim Syed Zainul Abidin
title_full_unstemmed Macroeconomic factors that effect the exchange rate fluctuation in Malaysia / Syed Hazim Syed Zainul Abidin
title_sort macroeconomic factors that effect the exchange rate fluctuation in malaysia / syed hazim syed zainul abidin
granting_institution UiTM Cawangan Johor
granting_department Faculty of Business Management
publishDate 2021
url https://ir.uitm.edu.my/id/eprint/63814/2/63814.pdf
_version_ 1783735350508650496