Exchange-rate and news: Evidence from the COVID pandemic()

We estimate daily linear regressions and panel VAR to study the effect of Covid-19 news on exchange rates. We find that adverse pandemic news at the country level cause an immediate, statistically significant, depreciation of the domestic currency vis-à-vis a basket of trade-weighted currencies. Thi...

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Detalles Bibliográficos
Autores principales: Aquilante, Tommaso, Di Pace, Federico, Masolo, Riccardo M.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: The Bank of England. Published by Elsevier B.V 2022
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8889790/
https://www.ncbi.nlm.nih.gov/pubmed/35250126
http://dx.doi.org/10.1016/j.econlet.2022.110390

Internet

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8889790/
https://www.ncbi.nlm.nih.gov/pubmed/35250126
http://dx.doi.org/10.1016/j.econlet.2022.110390

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