The Asymmetric Impact of Reserve Items on the Exchange Rate in Malaysia

Malaysian economy is an open economy and their international trade are valued more than domestic production which it is highly dependent on global market and their export activities are driving towards their economic growth. An internal and external sector are important to support their internationa...

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Main Author: SEYED ALIREZA, SEYED AHMADIAN
Format: Thesis
Language:English
Published: 2021
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Online Access:http://ir.unimas.my/id/eprint/37646/1/Seyed%20Alireza%20ft.pdf
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spelling my-unimas-ir.376462024-02-19T07:06:09Z The Asymmetric Impact of Reserve Items on the Exchange Rate in Malaysia 2021-11-06 SEYED ALIREZA, SEYED AHMADIAN HB Economic Theory Malaysian economy is an open economy and their international trade are valued more than domestic production which it is highly dependent on global market and their export activities are driving towards their economic growth. An internal and external sector are important to support their international trade activities, consequently, it can contribute to a rapid economic growth in the future. In this paper, a tool in adjusting FDI, price level, interest rate and reserve items are the main concern in stabilising exchange rate fluctuation in Malaysia. This study empirically explore the relationship between exchange rate and extend our finding in the form of nonlinear estimation in exploring the variables. By using annually time series data for the period over 1982 to 2018 has been taken to achieve the objectives of the study. The main finding of our research is reserve items, FDI, CPI are significant to have a negative relationship with exchange rate. While both monetary tools of interest rate and money supply are significant to cause exchange rate with positive sign. Universiti Malaysia Sarawak (UNIMAS) 2021-11 Thesis http://ir.unimas.my/id/eprint/37646/ http://ir.unimas.my/id/eprint/37646/1/Seyed%20Alireza%20ft.pdf text en validuser masters Universiti Malaysia Sarawak Faculty of Economics and Business
institution Universiti Malaysia Sarawak
collection UNIMAS Institutional Repository
language English
topic HB Economic Theory
spellingShingle HB Economic Theory
SEYED ALIREZA, SEYED AHMADIAN
The Asymmetric Impact of Reserve Items on the Exchange Rate in Malaysia
description Malaysian economy is an open economy and their international trade are valued more than domestic production which it is highly dependent on global market and their export activities are driving towards their economic growth. An internal and external sector are important to support their international trade activities, consequently, it can contribute to a rapid economic growth in the future. In this paper, a tool in adjusting FDI, price level, interest rate and reserve items are the main concern in stabilising exchange rate fluctuation in Malaysia. This study empirically explore the relationship between exchange rate and extend our finding in the form of nonlinear estimation in exploring the variables. By using annually time series data for the period over 1982 to 2018 has been taken to achieve the objectives of the study. The main finding of our research is reserve items, FDI, CPI are significant to have a negative relationship with exchange rate. While both monetary tools of interest rate and money supply are significant to cause exchange rate with positive sign.
format Thesis
qualification_level Master's degree
author SEYED ALIREZA, SEYED AHMADIAN
author_facet SEYED ALIREZA, SEYED AHMADIAN
author_sort SEYED ALIREZA, SEYED AHMADIAN
title The Asymmetric Impact of Reserve Items on the Exchange Rate in Malaysia
title_short The Asymmetric Impact of Reserve Items on the Exchange Rate in Malaysia
title_full The Asymmetric Impact of Reserve Items on the Exchange Rate in Malaysia
title_fullStr The Asymmetric Impact of Reserve Items on the Exchange Rate in Malaysia
title_full_unstemmed The Asymmetric Impact of Reserve Items on the Exchange Rate in Malaysia
title_sort asymmetric impact of reserve items on the exchange rate in malaysia
granting_institution Universiti Malaysia Sarawak
granting_department Faculty of Economics and Business
publishDate 2021
url http://ir.unimas.my/id/eprint/37646/1/Seyed%20Alireza%20ft.pdf
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