Conditional Volatility in Foreign Exchange Rates: Evidence from the Malaysian Ringgit and Singapore Dollar

• Main Authors: TSE, Yiu Kuen, Tsui, Albert K. C.
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 1997
• 主題: Economics
• 在線閱讀: https://ink.library.smu.edu.sg/soe_research/396
• 機構: Singapore Management University

In this paper we examine the conditional volatility of the exchange rates of two Asia-Pacific currencies. These are the Malaysian ringgit-US dollar and the Singapore dollar-US dollar exchange rates. Both currencies are under relatively intervention-free managed-float systems. We employ the new class...