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Exchange Rates And Volatility In Central And Eastern Europe: A Test For Uncovered Interest Parity

Author

Listed:
  • HOROBET Alexandra Lavinia

    (Academy of Economic Studies Bucharest, Faculty of International Business and Economics)

  • DUMITRESCU Sorin-Adrian

    (Academy of Economic Studies Bucharest, Faculty of International Business and Economics)

  • DUMITRESCU Dan-Gabriel

    (Academy of Economic Studies Bucharest, Faculty of International Business and Economics)

Abstract

At times of heightened global capital market volatility, high-yielding currencies tend to depreciate, while low-yielding currencies tend to serve as a€ssafe heavena€t. We present the results of a test for Uncovered Interest Parity for selected European cu

Suggested Citation

  • HOROBET Alexandra Lavinia & DUMITRESCU Sorin-Adrian & DUMITRESCU Dan-Gabriel, 2009. "Exchange Rates And Volatility In Central And Eastern Europe: A Test For Uncovered Interest Parity," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 3(1), pages 552-557, May.
    • Handle: RePEc:ora:journl:v:3:y:2009:i:1:p:552-557
    as

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    References listed on IDEAS

    as
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    3. Lothian, James R. & Wu, Liuren, 2011. "Uncovered interest-rate parity over the past two centuries," Journal of International Money and Finance, Elsevier, vol. 30(3), pages 448-473, April.
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    More about this item

    Keywords

    Exchange rates; Volatility; Central and Eastern Europe; Uncovered interest parity; Financial crisis;
    All these keywords.

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange

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