On the exchange rates behavior by PPP: a test on Malaysian ringgit and US dollar

• Main Authors: Pourkalbassi, Farhad, Bahiraie, Alireza, Hamzah, Aishah, Lee, Chin
• Format: Article
• Language: English
• Published: Academic Journals 2011
• Online Access: http://psasir.upm.edu.my/id/eprint/22839/1/article1380528162_Pourkalbassi%20et%20al.pdf; http://psasir.upm.edu.my/id/eprint/22839/; http://www.academicjournals.org/journal/AJBM/article-abstract/2D6A77115576

Exchange rates are important to innumerable economic activities and the exchange rate behavior has long been at the top of the list of research agenda in international finance. This article is another test of the Relative Purchasing Power Parity (RPPP) to explain exchange rate behavior in short term...