Oil price and exchange rates: a wavelet analysis for organisation of oil exporting countries members

• Main Authors: Alatrturi, Basheer H. M., Alshammri, Ahmad Alrazni, Tuan Hussin, Tuan Muhd Taufik, Saiti, Buerhan
• Format: Article
• Language: English; English
• Published: www.econjournals.com 2016
• Subjects: HG Finance
• Online Access: http://irep.iium.edu.my/51400/1/2253-7699-1-PB.pdf; http://irep.iium.edu.my/51400/4/51400-Oil_price_and_exchange_rates_a_wavelet_analysis_for_organisation_of_oil_exporting_countries_members_SCOPUS.pdf; http://irep.iium.edu.my/51400/; http://www.econjournals.com/index.php/ijeep/article/view/2253

This paper studies the relationship between oil price and the exchange rates of OPEC members from February 1999 to March 2016. The wavelet method is applied to combine information from both time and frequency domains, which does not require stationary and decomposition of original time series data....