Parity and non-parity determinants of Malaysia ringgit: evidence from major trading partners

The heavy slump of MYR arouses research interest in studying potential non-parity factors that affects MYR. Due to the limited empirical evidence stressed on non-parity factors, the objective of study aims to examine the effect of non-parity factors and parity factors on MYR for enriching existing l...

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Main Authors: Ab Razak, Nazrul Hisyam, Chee, Chong Meng, Nawawi, Noraliah
Format: Article
Language:English
Published: GMP Press and Printing 2019
Online Access:http://psasir.upm.edu.my/id/eprint/15054/
http://psasir.upm.edu.my/id/eprint/15054/1/Parity%20and%20non-parity%20determinants%20of%20Malaysia%20ringgit%20evidence%20from%20major%20trading%20partners.pdf
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author Ab Razak, Nazrul Hisyam
Chee, Chong Meng
Nawawi, Noraliah
author_facet Ab Razak, Nazrul Hisyam
Chee, Chong Meng
Nawawi, Noraliah
author_sort Ab Razak, Nazrul Hisyam
building UPM Institutional Repository
collection Online Access
description The heavy slump of MYR arouses research interest in studying potential non-parity factors that affects MYR. Due to the limited empirical evidence stressed on non-parity factors, the objective of study aims to examine the effect of non-parity factors and parity factors on MYR for enriching existing literature by adding new empirical evidence. Inconsistent with the literature, the positive effects of current account balance and trade openness on MYR are found across most major trade currency pairs. It is contended that the finding may be subject to country-specific-factors requires future research endeavour.
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institution Universiti Putra Malaysia
institution_category Local University
language English
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publishDate 2019
publisher GMP Press and Printing
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spelling upm-150542019-05-09T01:07:24Z http://psasir.upm.edu.my/id/eprint/15054/ Parity and non-parity determinants of Malaysia ringgit: evidence from major trading partners Ab Razak, Nazrul Hisyam Chee, Chong Meng Nawawi, Noraliah The heavy slump of MYR arouses research interest in studying potential non-parity factors that affects MYR. Due to the limited empirical evidence stressed on non-parity factors, the objective of study aims to examine the effect of non-parity factors and parity factors on MYR for enriching existing literature by adding new empirical evidence. Inconsistent with the literature, the positive effects of current account balance and trade openness on MYR are found across most major trade currency pairs. It is contended that the finding may be subject to country-specific-factors requires future research endeavour. GMP Press and Printing 2019 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/15054/1/Parity%20and%20non-parity%20determinants%20of%20Malaysia%20ringgit%20evidence%20from%20major%20trading%20partners.pdf Ab Razak, Nazrul Hisyam and Chee, Chong Meng and Nawawi, Noraliah (2019) Parity and non-parity determinants of Malaysia ringgit: evidence from major trading partners. Review of Integrative Business and Economics Research, 8 (suppl.1). pp. 1-14. ISSN 2414-6722; ESSN: 2304-1013 http://buscompress.com/riber-8-s1.html
spellingShingle Ab Razak, Nazrul Hisyam
Chee, Chong Meng
Nawawi, Noraliah
Parity and non-parity determinants of Malaysia ringgit: evidence from major trading partners
title Parity and non-parity determinants of Malaysia ringgit: evidence from major trading partners
title_full Parity and non-parity determinants of Malaysia ringgit: evidence from major trading partners
title_fullStr Parity and non-parity determinants of Malaysia ringgit: evidence from major trading partners
title_full_unstemmed Parity and non-parity determinants of Malaysia ringgit: evidence from major trading partners
title_short Parity and non-parity determinants of Malaysia ringgit: evidence from major trading partners
title_sort parity and non-parity determinants of malaysia ringgit: evidence from major trading partners
url http://psasir.upm.edu.my/id/eprint/15054/
http://psasir.upm.edu.my/id/eprint/15054/
http://psasir.upm.edu.my/id/eprint/15054/1/Parity%20and%20non-parity%20determinants%20of%20Malaysia%20ringgit%20evidence%20from%20major%20trading%20partners.pdf