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Hysteresis of exchange rates

Author

Listed:
  • Mukund Raj P K

    (Rushmore University & NAREA)

Abstract

One of the major economic changes of 2003 is the depreciation of the USD especially against the euro and also against a broadening range of currencies. The continued damage to the USD in the face of improved US economic outlook is similar to the early 2002 scenario when the Euro remained passive to the positive Euro zone outlook.

Suggested Citation

  • Mukund Raj P K, 2003. "Hysteresis of exchange rates," Macroeconomics 0312001, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpma:0312001
    Note: Type of Document - Word doc; prepared on Win98; to print on HP, Laser; pages: 2; figures: 1. An article on exchange rate movements and Euro.
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    More about this item

    Keywords

    Article on Euro; Euro; Vehicle Currency;
    All these keywords.

    JEL classification:

    • E - Macroeconomics and Monetary Economics

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