Exchange Rate and Foreign Interest Rate Linkages for Sub-Saharan Africa Floaters

Working Paper No. 12/208

The paper considers the determinants of exchange rate movements among sub-Saharan countries that have flexible exchange rate regimes. The determinants are based on the law of one price and interest parity conditions. Results indicate that the exchange rates have responded significantly to changes in the US Treasury bill rate and to the EMBI... READ MORE...

Publication date: August 2012
ISBN 9781475505580

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


Publication date: August 2012