تأثير سعر الفائدة على سعر صرف الجنيه المصري
Other Title(s)
The effect of the interest rate on the exchange rate of the Egyptian pound
Author
Source
مجلة التنمية و السياسات الاقتصادية
Issue
Vol. 23, Issue 2 (31 Jul. 2021), pp.75-115, 41 p.
Publisher
Publication Date
2021-07-31
Country of Publication
Kuwait
No. of Pages
41
Main Subjects
Abstract EN
The study aims to test the effect of the interest rate on the value of the Egyptian pound, and the vectors self-regression model (VAR) was used, using the annual data for Egypt during the period (June 1991 - June 2020).
The effect was measured through two models.
The first model includes the variables of the nominal exchange rate, the domestic interest rate, the interest rate on foreign deposits and the ratio of foreign deposits to total deposits in Egypt.
The second model includes the variables of the nominal exchange rate, the ratio of foreign deposits to total deposits in Egypt, and the difference Interest rate (the interest rate on the Egyptian pound - the interest rate on foreign deposits).
The two models concluded that the relationship between the interest rate (on the local or foreign currency) and the Egyptian pound exchange rate is an independent relationship, as there is no effect of the behavior of the local interest rate on deposits in the Egyptian pound or interest on deposits in foreign currency or interest rate differences on the exchange rate of the Egyptian pound.
There is also no causal relationship from the domestic interest rate or interest rate differentials to the exchange rate.
American Psychological Association (APA)
النقيب، أنور محمود عبد العال. 2021. تأثير سعر الفائدة على سعر صرف الجنيه المصري. مجلة التنمية و السياسات الاقتصادية،مج. 23، ع. 2، ص ص. 75-115.
https://search.emarefa.net/detail/BIM-1262587
Modern Language Association (MLA)
النقيب، أنور محمود عبد العال. تأثير سعر الفائدة على سعر صرف الجنيه المصري. مجلة التنمية و السياسات الاقتصادية مج. 23، ع. 2 (تموز 2021)، ص ص. 75-115.
https://search.emarefa.net/detail/BIM-1262587
American Medical Association (AMA)
النقيب، أنور محمود عبد العال. تأثير سعر الفائدة على سعر صرف الجنيه المصري. مجلة التنمية و السياسات الاقتصادية. 2021. مج. 23، ع. 2، ص ص. 75-115.
https://search.emarefa.net/detail/BIM-1262587
Data Type
Journal Articles
Language
Arabic
Notes
يتضمن مراجع ببليوجرافية : ص. 110-115
Record ID
BIM-1262587