Volatility of Islamic stock market and exchange rate: Granger causality and GARCH Approach
نویسندگان
چکیده
This research aims to investigate the causal relationship between Islamic stock market and exchange rate, as well examine volatility of index in emerging countries. The study utilized Granger causality test analyze rate employed Generalized Autoregressive Conditional Heteroscedasticity (GARCH) model for analysis forecasting. For this research, daily time series data ranging from 2012 2022 indices Malaysia, Turkey, India, Pakistan, Indonesia, Kuwait were selected sample. It was observed that had an impact on Turkey. Conversely, influenced Kuwait,
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ژورنال
عنوان ژورنال: Journal of innovation in business and economics
سال: 2023
ISSN: ['2580-9431', '2581-2025']
DOI: https://doi.org/10.22219/jibe.v7i01.23473