International Journal of Economics and Finance; Vol. 5‚ No. 10; 2013 ISSN 1916-971XE-ISSN 1916-9728 Published by Canadian Center of Science and Education The Real Exchange Rate Misalignment: Application of Behavioral Equilibrium Exchange Rate BEER to Morocco1980Q1–2012Q4 Hind Lebdaoui1 1 School of finance‚ Shanghai University of Finance & Economics‚ Shanghai‚ China Correspondence: Hind Lebdaoui‚ School of finance‚ Shanghai University of Finance & Economics‚ Shanghai 200083‚ China.
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Application of Social exchange theory in social psychology According to Thibaut & Kelly (1959)‚ who are often cited for being major contributors to the Social Exchange Theory‚ they clearly define the theory that “the concepts of Comparison Level and Comparison Level of Alternatives is used to explain how the parties in an exchange relationship weigh their benefits and costs of the exchange relationship to determine their relationship commitment and satisfaction level” (Thibaut & Kelley‚
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Introduction 1.0. Introduction The term “foreign exchange” basically refers to buying the currency of one country while selling the currency of another country. All nations have their own‚ different kinds of money (currency). This has existed throughout the ages‚ probably since the time of the Babylonians. As trading developed between nations‚ the need to convert one kind of money to another also developed. This is how a formal system of foreign exchange arose. As trade between nations developed‚ Britain
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TUMAINI UNIVERSITY IRINGA UNIVERSITY COLLEGE FACULTY OF BUSSINESS AND ECONOMICS BACHELOR OF BUSINESS ADMINISTRATION (BBA3) RESEARCH REPORT ON AWARENESS AND PARTICIPATION OF LOCALS IN THE STOCK EXCHANGE MARKET CASE STUDY: DAR ES SALAAM STOCK EXCHANGE SUBMITTED BY: MWANAARAB RAJAB ACKNOWLEDGEMENT My gratitude goes first and foremost to God who enabled me to complete this research as well as my studies. I would like to convey my gratitude
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Pir Mehr Ali Shah University of Arid Agriculture Rawalpindi The Relationship between Stock Prices and Exchange Rate‚ Evidence from Pakistan Usman Azhar 08-arid-1606 Abid Hussain 08-arid-1608 Faisal Shahzad 08-arid-1620 Usman Fazal 08-arid-1634 MBA Finance University Institute of Management Sciences Dedication We would like to dedicate this accomplishment to our beloved and caring parents‚ and to our teachers with the
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focus on its underlying business rather than speculate on the movements of foreign currency. There are two main types of currency exposure. The first being economic risk. This deals with the impact of devaluation on the present value of the future earnings of the firm. It is very difficult to measure this concept because it depends on the reaction of the competitive context of the firm and the effect of the currency shock over competitors and customers. The second risk is the transaction exposure
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What implication do fluctuations in foreign exchange rates have on the pricing decisions of export marketing managers? Globalization is no longer an abstraction but a stark reality that virtually all firms‚ large and a small‚ face. Firms that want to survive in the 21st century must confront all encompassing force that pervades every aspect of business. However‚ exchange rate fluctuation is an issue that affects the decisions marketing managers make about pricing. Management faces different decision
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relationship between exchange rates‚ interest rates • In this lecture we will learn how exchange rates accommodate equilibrium in financial markets. For this purpose we examine the relationship between interest rates and exchange rates. Interest rates are the return to holding interest-bearing financial assets. In the previous lecture we have pointed out that as being a financial asset exchange rates tend to adjust more quickly to new information that goods prices. Like exchange rates‚ interest rates
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MANAGEMENT OF EXCHANGE RATE RISK EXPOSURE There are number of ways by which exchange rate risk exposure can be managed: - Natural Hedges - Cash Management - Adjusting of Intracompany accounts - International financing hedges and currency hedges through forward contracts‚ futures contracts‚ currency options and currency swaps NATURAL HEDGE - A hedge (risk reduction action) that occurs naturally as a result of a firm’s normal operations. For example‚ revenue received in a foreign
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Foreign Exchange and Economic Development Foreign Exchange and Economic Development Introduction In the past two decades India has transformed itself successfully from a rigid centrally-planned economy to an increasingly open and market-oriented economy‚ with GDP growing at an annual average rate of nearly 10%. The path and forms that India took to transform its economy were far from conventional. India’s reform centred on improving incentives‚ hardening budget constraints and
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