Interest Rates and Exchange Rate Relationship in BRIC-T Countries

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Selim KAYHAN; Tayfur BAYAT; Ahmet UGUR;
(2013)
  • Journal: Ege Academic Review,volume 13,issue 2,pages227-236
  • Subject: Interest rate, real exchange rate, BRIC-T, Frequency domain, nonlinear causality
    • jel: jel:F31 | jel:E52 | jel:E58

This study examines the dynamic relationships between the real exchange rate and the real interest rate in the BRIC-T (Brazil, Russia, India, China and Turkey) countries by employing monthly data from the beginning of flexible exchange rate regime to July 2011. For this... View more
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