Asian currency vs euro currency
ASIAN CURRENCY VS. EUROPEAN CURRENCY : EXCHANGE RATE AND
INTEGRATION MONETARY
EPPM 4433: International Finance
Semester 1
Session 2014/2015
Name
ID
email
NUR SYAZANA BINTI NORDIN
A139735
syazananordin@gmail.com
MUHAMMAD ARIF HAFIZI B. SHAMSUDDIN
A139742
arifhafizi8@gmail.com
NOR FADHILAH BINTI NORIZAN
A139997
missydilla@yahoo.com
MOHD HAIL GAFUR B. RUHMAD
A140113
mohdhailgafur@gmail.com
Instructor :
Dr. Noor Azryani Auzairy
School of Management
Faculty of Economics & Management
1.0 OBJECTIVES
1. To investigate the Asian currency and Europe currency in the business life.
2. To determine the important of the Asian currency and Europe currency in and how this currency react each other
3. To investigate differences between Asian currency and Europe currency of their use. 2
2.0 LITERATURE REVIEW
No
Author
(year)
Objectives
Methodology
1.
Noer Azam
Achsani,
Arie
Jayanthy F
A Fauzi &
Piter
Abdullah
(2010)
To compare the response or sensitivity of inflation to the changes in real exchange rates in Asia
(ASEAN +3) and compare the result with those of the EU and North
America.
Concerning on the two important relationships between inflation and real exchange rate in
Asia (ASEAN +3) and
Non-Asia (EU and
North America). First, there is a strong relationship between inflation and real exchange rates in Asian countries, but there is no such relation in the
EU and North America.
Second,
the Asian financial crisis seems to have local impact in
Asian countries, but it has no significant global impact in the EU and North America.
2.
Christian
Bauer &
Bernhard
Herz (2004)
Present a microstructure model of the foreign exchange market based on technical trading that allows us to categorize the factor exchange rate regimes and to derive a market based measure of the credibility of these exchange rate regimes.
Indicate that the fundamental volatility of the market based exchange rates is quite moderate and that markets assign a moderate degree of
INTEGRATION MONETARY
EPPM 4433: International Finance
Semester 1
Session 2014/2015
Name
ID
NUR SYAZANA BINTI NORDIN
A139735
syazananordin@gmail.com
MUHAMMAD ARIF HAFIZI B. SHAMSUDDIN
A139742
arifhafizi8@gmail.com
NOR FADHILAH BINTI NORIZAN
A139997
missydilla@yahoo.com
MOHD HAIL GAFUR B. RUHMAD
A140113
mohdhailgafur@gmail.com
Instructor :
Dr. Noor Azryani Auzairy
School of Management
Faculty of Economics & Management
1.0 OBJECTIVES
1. To investigate the Asian currency and Europe currency in the business life.
2. To determine the important of the Asian currency and Europe currency in and how this currency react each other
3. To investigate differences between Asian currency and Europe currency of their use. 2
2.0 LITERATURE REVIEW
No
Author
(year)
Objectives
Methodology
1.
Noer Azam
Achsani,
Arie
Jayanthy F
A Fauzi &
Piter
Abdullah
(2010)
To compare the response or sensitivity of inflation to the changes in real exchange rates in Asia
(ASEAN +3) and compare the result with those of the EU and North
America.
Concerning on the two important relationships between inflation and real exchange rate in
Asia (ASEAN +3) and
Non-Asia (EU and
North America). First, there is a strong relationship between inflation and real exchange rates in Asian countries, but there is no such relation in the
EU and North America.
Second,
the Asian financial crisis seems to have local impact in
Asian countries, but it has no significant global impact in the EU and North America.
2.
Christian
Bauer &
Bernhard
Herz (2004)
Present a microstructure model of the foreign exchange market based on technical trading that allows us to categorize the factor exchange rate regimes and to derive a market based measure of the credibility of these exchange rate regimes.
Indicate that the fundamental volatility of the market based exchange rates is quite moderate and that markets assign a moderate degree of
References: Kinnon, R. M. & Schnabl, G. 2003. Park, Y. C. & Wyplosz, C. 2008.