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Is there a common response in Australian bilateral exchange rates following current account announcements?

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Listed:
  • Robert Brooks
  • Gabrielle Berman
  • Sinclair Davidson
  • Ting-Yean Tan

Abstract

A growing literature exists analysing the impact of balance on current account announcements on bilateral exchange rates. This literature typically considers and reports results for a number of bilateral exchange rates. This paper investigates whether there are distinct effects across the range of bilateral exchange rates, or alternately whether a common response carries across all the bilateral exchange rates. Our results favour a common response. JEL classification: F30.

Suggested Citation

  • Robert Brooks & Gabrielle Berman & Sinclair Davidson & Ting-Yean Tan, 1998. "Is there a common response in Australian bilateral exchange rates following current account announcements?," Applied Economics Letters, Taylor & Francis Journals, vol. 5(10), pages 645-648.
    • Handle: RePEc:taf:apeclt:v:5:y:1998:i:10:p:645-648
    DOI: 10.1080/135048598354339
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    JEL classification:

    • F30 - International Economics - - International Finance - - - General

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