Open AccessMs Exchange Rate Variability and Macroeconomic Variables: A Comparative Analysis of Regional, Sub-Regional, Developed and Developing Countries
Author(s) -
Sania Sarfraz,
Valliappan Raju,
Muhammad Aksar
Publication year - 2018
Publication title -
asia proceedings of social sciences
Language(s) - English
Resource type - Journals
eISSN - 2663-6638
pISSN - 2663-662X
DOI - 10.31580/apss.v2i2.310
Subject(s) - exchange rate , inflation (cosmology) , economics , private consumption , investment (military) , consumption (sociology) , inflation rate , monetary economics , macroeconomics , econometrics , interest rate , fiscal policy , social science , physics , sociology , politics , theoretical physics , political science , law
Key results of this research are that the study proposed seven hypothesis against all seven macroeconomic variables (Real Growth, Price Inflation, Government Consumption, Private Consumption, Investment, Export and Import) of Exchange Rate and results indicated there are a positive relationship and strong association of short-term and long-term between Exchange Rate and its Macroeconomic variables providing satisfactory results as all research objectives were met and research questions were answered. A research philosophy was derived from the results that Exchange Rate Variability will continuously and indefinitely will occur and Price Inflation of a Nation will determine its fluctuations.