Are stock market returns driven by foreign exchange rate movements in frontier markets? Evidence from the Colombo Stock Exchange
Abstract According to financial theory, a change in exchange rates should affect the value of a firm. However, prior research shows mixed evidence regarding the relationship between stock prices and exchange rates and existing literature primarily focusses on developed and emerging markets while...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2020
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| Online Access: | https://eprints.nottingham.ac.uk/66356/ |