The impact of thin trading adjustments on exchange rate exposure

• Main Authors: Jaratin Lily, Imbarine Bujang, Abdul Aziz Karia
• Format: Article
• Language: English; English
• Published: Universitas Gadjah Mada 2022
• Subjects: HG3810-4000 Foreign exchange. International finance. International monetary system
• Online Access: https://eprints.ums.edu.my/id/eprint/33579/1/The%20impact%20of%20thin%20trading%20adjustments%20on%20exchange%20rate%20exposure.ABSTRACT.pdf; https://eprints.ums.edu.my/id/eprint/33579/2/The%20impact%20of%20thin%20trading%20adjustments%20on%20exchange%20rate%20exposure.pdf; https://eprints.ums.edu.my/id/eprint/33579/; https://jurnal.ugm.ac.id/gamaijb/article/view/36806/33899

This study investigates the multiple exchange rate exposure of large non-financial firms in Asia and emerging countries using the unadjusted and adjusted two-factor exchange rate exposure model. The autoregressive-distributed lag (ARDL) method was applied to investigate the existence of exchange rat...