Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh

This paper aims to investigate the fluctuation of the exchange rate in Malaysia. The study will focus on the exchange rate of Malaysian Ringgit (MYR) against US dollar (USD) since Malaysia as one of the strongest currency in Asia and US dollar is the global currency accepted for the most internation...

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Main Author:	Syed Sheikh, Syed Mohamad Akif
Format:	Student Project
Language:	English
Published:	Faculty of Business and Management 2018
Subjects:	Foreign exchange. Foreign exchange rates
Online Access:	http://ir.uitm.edu.my/id/eprint/28121/ http://ir.uitm.edu.my/id/eprint/28121/1/PPb_SYED%20MOHAMAD%20AKIF%20SYED%20SHEIKH%20BM%20J%2018_5.pdf

id	uitm-28121
recordtype	eprints
spelling	uitm-281212020-03-09T06:39:09Z http://ir.uitm.edu.my/id/eprint/28121/ Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh Syed Sheikh, Syed Mohamad Akif Foreign exchange. Foreign exchange rates This paper aims to investigate the fluctuation of the exchange rate in Malaysia. The study will focus on the exchange rate of Malaysian Ringgit (MYR) against US dollar (USD) since Malaysia as one of the strongest currency in Asia and US dollar is the global currency accepted for the most international transaction. The exchange rate variables included in this studies are the inflation rate, money supply, and interest rate. The purpose of the studies is to find the relationship between dependent variable and independent variable, whether they have any correlation between each other or not. The studies used quantitative secondary data which is time series data and multiple regression models as the technique to look at the fluctuation of Malaysian Ringgit. There will be 82 observation over the period of 1997 QI until 2017 Q2 that derived from Thomson Reuters Datastream. The expected finding showed interest rate, money supply, and inflation rate have a significant influence on the movement of the exchange rate. This showed that macroeconomics variable is very important to indicate the value of a currency. Therefore, policymakers should be aware of controlling mechanics that affecting the exchange rate, so that the movement of any determinants will not run adverse to the market mechanism Faculty of Business and Management 2018 Student Project NonPeerReviewed text en http://ir.uitm.edu.my/id/eprint/28121/1/PPb_SYED%20MOHAMAD%20AKIF%20SYED%20SHEIKH%20BM%20J%2018_5.pdf Syed Sheikh, Syed Mohamad Akif (2018) Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh. [Student Project] (Unpublished)
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Teknologi MARA
building	UiTM Institutional Repository
collection	Online Access
language	English
topic	Foreign exchange. Foreign exchange rates
spellingShingle	Foreign exchange. Foreign exchange rates Syed Sheikh, Syed Mohamad Akif Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh
description	This paper aims to investigate the fluctuation of the exchange rate in Malaysia. The study will focus on the exchange rate of Malaysian Ringgit (MYR) against US dollar (USD) since Malaysia as one of the strongest currency in Asia and US dollar is the global currency accepted for the most international transaction. The exchange rate variables included in this studies are the inflation rate, money supply, and interest rate. The purpose of the studies is to find the relationship between dependent variable and independent variable, whether they have any correlation between each other or not. The studies used quantitative secondary data which is time series data and multiple regression models as the technique to look at the fluctuation of Malaysian Ringgit. There will be 82 observation over the period of 1997 QI until 2017 Q2 that derived from Thomson Reuters Datastream. The expected finding showed interest rate, money supply, and inflation rate have a significant influence on the movement of the exchange rate. This showed that macroeconomics variable is very important to indicate the value of a currency. Therefore, policymakers should be aware of controlling mechanics that affecting the exchange rate, so that the movement of any determinants will not run adverse to the market mechanism
format	Student Project
author	Syed Sheikh, Syed Mohamad Akif
author_facet	Syed Sheikh, Syed Mohamad Akif
author_sort	Syed Sheikh, Syed Mohamad Akif
title	Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh
title_short	Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh
title_full	Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh
title_fullStr	Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh
title_full_unstemmed	Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh
title_sort	determinants of exchange rate fluctuation in malaysia / syed mohamad akif syed sheikh
publisher	Faculty of Business and Management
publishDate	2018
url	http://ir.uitm.edu.my/id/eprint/28121/ http://ir.uitm.edu.my/id/eprint/28121/1/PPb_SYED%20MOHAMAD%20AKIF%20SYED%20SHEIKH%20BM%20J%2018_5.pdf
first_indexed	2023-09-18T23:19:39Z
last_indexed	2023-09-18T23:19:39Z
_version_	1777419345836638208

Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh

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