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    What Is The Exchange Rate ?

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    Quyên Hoàng
    The exchange rate is the rate at which one currency can be converted into another. It allows comparison of prices between countries and conversion of one country's currency into another's. The document presents a model to analyze exchange rates with the dependent variable being the exchange rate and independent variables including interest rates, money supply, trade per GDP, and a dummy variable to distinguish between time periods of 1993-2006 and 2007-2013.

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    What Is The Exchange Rate ?

    Uploaded by

    Quyên Hoàng
    10 views3 pages
    The exchange rate is the rate at which one currency can be converted into another. It allows comparison of prices between countries and conversion of one country's currency into another's. The document presents a model to analyze exchange rates with the dependent variable being the exchange rate and independent variables including interest rates, money supply, trade per GDP, and a dummy variable to distinguish between time periods of 1993-2006 and 2007-2013.

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    The exchange rate is the rate at which one currency can be converted into another. It allows comparison of prices between countries and conversion of one country's currency into another's. The document presents a model to analyze exchange rates with the dependent variable being the exchange rate and independent variables including interest rates, money supply, trade per GDP, and a dummy variable to distinguish between time periods of 1993-2006 and 2007-2013.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    10 views3 pages

    What Is The Exchange Rate ?

    Uploaded by

    Quyên Hoàng
    The exchange rate is the rate at which one currency can be converted into another. It allows comparison of prices between countries and conversion of one country's currency into another's. The document presents a model to analyze exchange rates with the dependent variable being the exchange rate and independent variables including interest rates, money supply, trade per GDP, and a dummy variable to distinguish between time periods of 1993-2006 and 2007-2013.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    of 3

    What is the exchange rate ?

    An exchange rate is the rate at which one


    would need to exchange ones currency for the
    currency of another country.
    Allows for the conversion of one country's
    currency into that of another
    Allows price comparison of similar goods in
    different countries.

    Model Specification
    Dependent variable: Exchange rate
    Independent variables:
    Vietnam interest rate
    US interest rate
    Money supply
    Trade per GDP
    Dummy variable: D=0 if 1993-2006
    D=1 if 2007-2013

    Model Specification

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