Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh

This paper aims to investigate the fluctuation of the exchange rate in Malaysia. The study will focus on the exchange rate of Malaysian Ringgit (MYR) against US dollar (USD) since Malaysia as one of the strongest currency in Asia and US dollar is the global currency accepted for the most internation...

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Main Author: Syed Sheikh, Syed Mohamad Akif
Format: Student Project
Language:English
Published: Faculty of Business and Management 2018
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/28121/
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author Syed Sheikh, Syed Mohamad Akif
author_facet Syed Sheikh, Syed Mohamad Akif
author_sort Syed Sheikh, Syed Mohamad Akif
building UiTM Institutional Repository
collection Online Access
description This paper aims to investigate the fluctuation of the exchange rate in Malaysia. The study will focus on the exchange rate of Malaysian Ringgit (MYR) against US dollar (USD) since Malaysia as one of the strongest currency in Asia and US dollar is the global currency accepted for the most international transaction. The exchange rate variables included in this studies are the inflation rate, money supply, and interest rate. The purpose of the studies is to find the relationship between dependent variable and independent variable, whether they have any correlation between each other or not. The studies used quantitative secondary data which is time series data and multiple regression models as the technique to look at the fluctuation of Malaysian Ringgit. There will be 82 observation over the period of 1997 QI until 2017 Q2 that derived from Thomson Reuters Datastream. The expected finding showed interest rate, money supply, and inflation rate have a significant influence on the movement of the exchange rate. This showed that macroeconomics variable is very important to indicate the value of a currency. Therefore, policymakers should be aware of controlling mechanics that affecting the exchange rate, so that the movement of any determinants will not run adverse to the market mechanism
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spelling uitm-281212020-03-09T06:39:09Z https://ir.uitm.edu.my/id/eprint/28121/ Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh Syed Sheikh, Syed Mohamad Akif Foreign exchange. Foreign exchange rates This paper aims to investigate the fluctuation of the exchange rate in Malaysia. The study will focus on the exchange rate of Malaysian Ringgit (MYR) against US dollar (USD) since Malaysia as one of the strongest currency in Asia and US dollar is the global currency accepted for the most international transaction. The exchange rate variables included in this studies are the inflation rate, money supply, and interest rate. The purpose of the studies is to find the relationship between dependent variable and independent variable, whether they have any correlation between each other or not. The studies used quantitative secondary data which is time series data and multiple regression models as the technique to look at the fluctuation of Malaysian Ringgit. There will be 82 observation over the period of 1997 QI until 2017 Q2 that derived from Thomson Reuters Datastream. The expected finding showed interest rate, money supply, and inflation rate have a significant influence on the movement of the exchange rate. This showed that macroeconomics variable is very important to indicate the value of a currency. Therefore, policymakers should be aware of controlling mechanics that affecting the exchange rate, so that the movement of any determinants will not run adverse to the market mechanism Faculty of Business and Management 2018 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/28121/1/PPb_SYED%20MOHAMAD%20AKIF%20SYED%20SHEIKH%20BM%20J%2018_5.pdf Syed Sheikh, Syed Mohamad Akif (2018) Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh. (2018) [Student Project] (Unpublished)
spellingShingle Foreign exchange. Foreign exchange rates
Syed Sheikh, Syed Mohamad Akif
Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh
title Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh
title_full Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh
title_fullStr Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh
title_full_unstemmed Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh
title_short Determinants of exchange rate fluctuation in Malaysia / Syed Mohamad Akif Syed Sheikh
title_sort determinants of exchange rate fluctuation in malaysia / syed mohamad akif syed sheikh
topic Foreign exchange. Foreign exchange rates
url https://ir.uitm.edu.my/id/eprint/28121/