Foreign Exchange Reaction on the Announcement of Political News: Evidence of Indonesia during Presidency Changes
Exchange rate is very important topic to look at because it affects many people from government to private investor to people at large. They interested in exchange rate because it affects investment strategy, government policy,spending, etc. This dissertation looks at the relationship between exchan...
| Main Author: | |
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2010
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| Online Access: | https://eprints.nottingham.ac.uk/26205/ |
| _version_ | 1848793129810919424 |
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| author | Theodorus, Jose Felix |
| author_facet | Theodorus, Jose Felix |
| author_sort | Theodorus, Jose Felix |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | Exchange rate is very important topic to look at because it affects many people from government to private investor to people at large. They interested in exchange rate because it affects investment strategy, government policy,spending, etc. This dissertation looks at the relationship between exchange rate and both political factors and economic indicator especially interest and inflation rate. This dissertation used Riley and Luksetich (1990) method to find exchange rate reaction during changes in presidency. There are 3 main findings which this dissertation found important to understand the relationship between exchane rate and both political factors and economic indicators. One,foreign exchange rate market is efficient in semi strong form. Two, political news is very useful elements to be considered and used to forecast exchange rate movement in the short term. Three, inflation and interest rate are very poor indicators to predict exchange rate movement in the short run. |
| first_indexed | 2025-11-14T18:55:24Z |
| format | Dissertation (University of Nottingham only) |
| id | nottingham-26205 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T18:55:24Z |
| publishDate | 2010 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-262052017-10-19T13:22:30Z https://eprints.nottingham.ac.uk/26205/ Foreign Exchange Reaction on the Announcement of Political News: Evidence of Indonesia during Presidency Changes Theodorus, Jose Felix Exchange rate is very important topic to look at because it affects many people from government to private investor to people at large. They interested in exchange rate because it affects investment strategy, government policy,spending, etc. This dissertation looks at the relationship between exchange rate and both political factors and economic indicator especially interest and inflation rate. This dissertation used Riley and Luksetich (1990) method to find exchange rate reaction during changes in presidency. There are 3 main findings which this dissertation found important to understand the relationship between exchane rate and both political factors and economic indicators. One,foreign exchange rate market is efficient in semi strong form. Two, political news is very useful elements to be considered and used to forecast exchange rate movement in the short term. Three, inflation and interest rate are very poor indicators to predict exchange rate movement in the short run. 2010 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/26205/1/TheodorusJoseFelix.pdf Theodorus, Jose Felix (2010) Foreign Exchange Reaction on the Announcement of Political News: Evidence of Indonesia during Presidency Changes. [Dissertation (University of Nottingham only)] (Unpublished) |
| spellingShingle | Theodorus, Jose Felix Foreign Exchange Reaction on the Announcement of Political News: Evidence of Indonesia during Presidency Changes |
| title | Foreign Exchange Reaction on the Announcement of Political News: Evidence of Indonesia during Presidency Changes |
| title_full | Foreign Exchange Reaction on the Announcement of Political News: Evidence of Indonesia during Presidency Changes |
| title_fullStr | Foreign Exchange Reaction on the Announcement of Political News: Evidence of Indonesia during Presidency Changes |
| title_full_unstemmed | Foreign Exchange Reaction on the Announcement of Political News: Evidence of Indonesia during Presidency Changes |
| title_short | Foreign Exchange Reaction on the Announcement of Political News: Evidence of Indonesia during Presidency Changes |
| title_sort | foreign exchange reaction on the announcement of political news: evidence of indonesia during presidency changes |
| url | https://eprints.nottingham.ac.uk/26205/ |