[Home ] [Archive]   [ فارسی ]  
:: Main :: About :: Current Issue :: Search :: Submit ::
Main Menu
Home::
Journal Information::
Articles archive::
For Authors::
For Reviewers::
Registration::
Contact us::
Site Facilities::
::
:: Volume 1, Issue 4 (Quarterly Journal of Fiscal and Economic Policies 2014) ::
qjfep 2014, 1(4): 131-154 Back to browse issues page
The Analysis of Exchange Rate Volatilities During (2010-2012)
Abstract:   (20159 Views)
Exchange rate volatility has adverse impact on economic variables and macroeconomic stability. For instance, great uncertainty in relative prices, investment horizon reduction, disrupting decision making processes and tarnishing central bank’s reputation are consequences of exchange rate volatility. Since mid-2010 non-official exchange rates increased and from that time on, there have been some volatility in exchange market. This study explains the origin and reasons of these volatilities and their continuity over time according to first generation of currency crisis. The results show that the imposed sanctions against Iran’s financial sector is the origin of volatilities and speculative attacks result from cumulative harmful liquidity are reason of their continuity. Moreover, the lack of efficient and deep exchange rate system intensified the impact of sanctions on exchange market.
Keywords: currency crisis, economic sanctions, exchange rate market management, competitive exchange rate market
Full-Text [PDF 407 kb]   (14426 Downloads)    
Type of Study: Applicable | Subject: Special
Add your comments about this article
Your username or Email:

CAPTCHA


XML   Persian Abstract   Print


Download citation:
BibTeX | RIS | EndNote | Medlars | ProCite | Reference Manager | RefWorks
Send citation to:

The Analysis of Exchange Rate Volatilities During (2010-2012) . qjfep 2014; 1 (4) :131-154
URL: http://qjfep.ir/article-1-65-en.html


Rights and permissions
Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Volume 1, Issue 4 (Quarterly Journal of Fiscal and Economic Policies 2014) Back to browse issues page
فصلنامه سیاستهای مالی و اقتصادی Quarterly Journal of Fiscal and Economic Policies
Persian site map - English site map - Created in 0.05 seconds with 37 queries by YEKTAWEB 4645