How deep did Brexit & other factors influence exchange rates and how might these factors lead to further appreciation or depreciation on GBP

Exchange rate plays an important role in international trade, which is seen as an indicator of economic condition and national strength. The main goal of this paper is to discuss impacts caused by the recent Brexit issue to the UK’s exchange rates by using latest official statistics data. Through th...

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Main Author: Chan, Chen Yuan
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/45936/
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author Chan, Chen Yuan
author_facet Chan, Chen Yuan
author_sort Chan, Chen Yuan
building Nottingham Research Data Repository
collection Online Access
description Exchange rate plays an important role in international trade, which is seen as an indicator of economic condition and national strength. The main goal of this paper is to discuss impacts caused by the recent Brexit issue to the UK’s exchange rates by using latest official statistics data. Through the analysis and discussion of different aspects including following headings can we have a clearer picture of the possible future between the UK and the EU, and how does it affect the exchange rate of GBP. 1. Inflation Rates 2. Interest Rates 3. Import and Export, 4. Global Reserve, 5. Penalties for Brexit 6. Functions of Central Bank The essay then concludes that in order to boost the UK’s economy, reduce the uncertainty and stop the further depreciation of GBP, the UK government should seek for staying in the European single market, in order to do that, there would certainly be some compromise and sacrifice need to be done by the UK such as early agreement with the EU for Brexit bill. At the same time, both sides should also soften their attitude toward each other to find an acceptable bilateral deal as soon as possible.
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spelling nottingham-459362018-04-18T08:48:48Z https://eprints.nottingham.ac.uk/45936/ How deep did Brexit & other factors influence exchange rates and how might these factors lead to further appreciation or depreciation on GBP Chan, Chen Yuan Exchange rate plays an important role in international trade, which is seen as an indicator of economic condition and national strength. The main goal of this paper is to discuss impacts caused by the recent Brexit issue to the UK’s exchange rates by using latest official statistics data. Through the analysis and discussion of different aspects including following headings can we have a clearer picture of the possible future between the UK and the EU, and how does it affect the exchange rate of GBP. 1. Inflation Rates 2. Interest Rates 3. Import and Export, 4. Global Reserve, 5. Penalties for Brexit 6. Functions of Central Bank The essay then concludes that in order to boost the UK’s economy, reduce the uncertainty and stop the further depreciation of GBP, the UK government should seek for staying in the European single market, in order to do that, there would certainly be some compromise and sacrifice need to be done by the UK such as early agreement with the EU for Brexit bill. At the same time, both sides should also soften their attitude toward each other to find an acceptable bilateral deal as soon as possible. 2017-09-13 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/45936/1/Chan%20Chen%20Yuan%204284985_Final%20V1.pdf Chan, Chen Yuan (2017) How deep did Brexit & other factors influence exchange rates and how might these factors lead to further appreciation or depreciation on GBP. [Dissertation (University of Nottingham only)] Exchange rates Brexit Inflation Interest rates
spellingShingle Exchange rates Brexit Inflation Interest rates
Chan, Chen Yuan
How deep did Brexit & other factors influence exchange rates and how might these factors lead to further appreciation or depreciation on GBP
title How deep did Brexit & other factors influence exchange rates and how might these factors lead to further appreciation or depreciation on GBP
title_full How deep did Brexit & other factors influence exchange rates and how might these factors lead to further appreciation or depreciation on GBP
title_fullStr How deep did Brexit & other factors influence exchange rates and how might these factors lead to further appreciation or depreciation on GBP
title_full_unstemmed How deep did Brexit & other factors influence exchange rates and how might these factors lead to further appreciation or depreciation on GBP
title_short How deep did Brexit & other factors influence exchange rates and how might these factors lead to further appreciation or depreciation on GBP
title_sort how deep did brexit & other factors influence exchange rates and how might these factors lead to further appreciation or depreciation on gbp
topic Exchange rates Brexit Inflation Interest rates
url https://eprints.nottingham.ac.uk/45936/