Malaysia fuel price: a study on the relationship between crude oil price and currency exchange rate / Mohammad Izzuddin Amiruddin Marican
Rising fuel prices shocks have a significant impact on the way of life of most Malaysians. Due to the rising of oil prices, the costs of travel for private vehicle users are therefore increasing. The study was conducted based on the objective or studying the impact of rising fuel prices in Malaysia...
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| Format: | Student Project |
| Language: | English |
| Published: |
2018
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| Online Access: | https://ir.uitm.edu.my/id/eprint/55089/1/55089.pdf https://ir.uitm.edu.my/id/eprint/55089/ |
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| Summary: | Rising fuel prices shocks have a significant impact on the way of life of most Malaysians. Due to the rising of oil prices, the costs of travel for private vehicle users are therefore increasing. The study was conducted based on the objective or studying the impact of rising fuel prices in Malaysia based on the independent variables which are Currency, crude oil pace and Brent crude Oil price. The study find that there are related between the dependent and independent variables. So, from the changes of the fuel price, the consumer can plan on how to consume the petrol for their vehicles. |
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