RELATIONSHIP BETWEEN EXCHANGE RATE AND FOREIGN EXCHANGE RESERVES
نویسندگان
چکیده
The main objective of this study is to examine the existence and nature relationship between exchange rate foreign reserves. To avoid influencing market expectations, intervention program should indicate in advance nature, frequency, size central bank's transactions. Thus, sense, it essential determine interventions made from for official reserve. Following realization study, was highlighted conclusion that through application Johansen cointegration tests, pairs variables - NEER from/for reserve; in/for reserve there at least one relationship. That is, reserve, a long-term highlighted, which can facilitate forecast.
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ژورنال
عنوان ژورنال: International Journal of Innovative Technologies in Economy
سال: 2022
ISSN: ['2412-8368', '2414-1305']
DOI: https://doi.org/10.31435/rsglobal_ijite/30122022/7925