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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...
| Autores principales: | , , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
| Publicado: |
The Bank of England. Published by Elsevier B.V
2022
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| Materias: | |
| 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 |