Exchange rate and macroeconomic variables: a study in the United States and Australia / Nurul Arina Mohd Rais

Exchange rate indicates the country's overall financial and economic performance. These factors are spacious indicators that could determine the financial growth or the decline that can affect the country's economy. At the present time, counties around the world are facing with a situation...

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Main Author: Mohd Rais, Nurul Arina
Format: Thesis
Language:English
Published: 2022
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/105807/2/105807.pdf
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spelling my-uitm-ir.1058072024-11-22T00:41:43Z Exchange rate and macroeconomic variables: a study in the United States and Australia / Nurul Arina Mohd Rais 2022 Mohd Rais, Nurul Arina Foreign exchange. Foreign exchange rates Exchange rate indicates the country's overall financial and economic performance. These factors are spacious indicators that could determine the financial growth or the decline that can affect the country's economy. At the present time, counties around the world are facing with a situation where its financial and economic performance could drop at any time. The exchange rate management and its relation to the macroeconomic affect the financial and economic performance of a country as the depreciation and appreciation of the currencies due to the development of the exchange rate policy. Thus, by considering these issues, the aim of this research is to determine what macroeconomic variable that could influence the exchange rate in the United States and Australia. The study is performed using multiple macroeconomic variable such as the Gross Domestic Product (GDP), inflation rate, money supply and interest rate. The data are collected from various sources such as journal, article on internet, World Data Bank and many more. This study is using secondary data from the year 2000 to 2020. The collected data examined using panel data in this research and panel least square method are applied to study the relationship between the dependent variable and independent variables. Results of study revealed that inflation rate, money supply and interest rate have significant relationship with exchange rate in both the United States and Australia. 2022 Thesis https://ir.uitm.edu.my/id/eprint/105807/ https://ir.uitm.edu.my/id/eprint/105807/2/105807.pdf text en public degree Universiti Teknologi MARA, Johor Faculty of Business and Management Mohamed Yousop, Nur Liyana
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
advisor Mohamed Yousop, Nur Liyana
topic Foreign exchange
Foreign exchange rates
spellingShingle Foreign exchange
Foreign exchange rates
Mohd Rais, Nurul Arina
Exchange rate and macroeconomic variables: a study in the United States and Australia / Nurul Arina Mohd Rais
description Exchange rate indicates the country's overall financial and economic performance. These factors are spacious indicators that could determine the financial growth or the decline that can affect the country's economy. At the present time, counties around the world are facing with a situation where its financial and economic performance could drop at any time. The exchange rate management and its relation to the macroeconomic affect the financial and economic performance of a country as the depreciation and appreciation of the currencies due to the development of the exchange rate policy. Thus, by considering these issues, the aim of this research is to determine what macroeconomic variable that could influence the exchange rate in the United States and Australia. The study is performed using multiple macroeconomic variable such as the Gross Domestic Product (GDP), inflation rate, money supply and interest rate. The data are collected from various sources such as journal, article on internet, World Data Bank and many more. This study is using secondary data from the year 2000 to 2020. The collected data examined using panel data in this research and panel least square method are applied to study the relationship between the dependent variable and independent variables. Results of study revealed that inflation rate, money supply and interest rate have significant relationship with exchange rate in both the United States and Australia.
format Thesis
qualification_level Bachelor degree
author Mohd Rais, Nurul Arina
author_facet Mohd Rais, Nurul Arina
author_sort Mohd Rais, Nurul Arina
title Exchange rate and macroeconomic variables: a study in the United States and Australia / Nurul Arina Mohd Rais
title_short Exchange rate and macroeconomic variables: a study in the United States and Australia / Nurul Arina Mohd Rais
title_full Exchange rate and macroeconomic variables: a study in the United States and Australia / Nurul Arina Mohd Rais
title_fullStr Exchange rate and macroeconomic variables: a study in the United States and Australia / Nurul Arina Mohd Rais
title_full_unstemmed Exchange rate and macroeconomic variables: a study in the United States and Australia / Nurul Arina Mohd Rais
title_sort exchange rate and macroeconomic variables: a study in the united states and australia / nurul arina mohd rais
granting_institution Universiti Teknologi MARA, Johor
granting_department Faculty of Business and Management
publishDate 2022
url https://ir.uitm.edu.my/id/eprint/105807/2/105807.pdf
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