Surprise, Surprise : What Drives the Rand / U.S. Dollar Exchange Rate Volatility?

What Drives the Rand / U.S. Dollar Exchange Rate Volatility?

Surprise, Surprise : What Drives the Rand / U.S. Dollar Exchange Rate Volatility?
This paper investigates possible drivers of volatility in the South African rand since the onset of the global financial crisis. We assess the role played by local and international economic surprises, commodity price volatility, global market risk perceptions, and local political uncertainty. As a measure of rand volatility, the study uses a... READ MORE...

Publication date: October 2016
ISBN 9781475545425
$18.00

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