Ntshangase, Lwazi Senzo; Zhou, Sheunesu; Kaseeram, Irrshad - In: Economies : open access journal 11 (2023) 5, pp. 1-15
exchange rate, central bank assets and the short-term interest rate. This paper estimated two-panel VARs, Model one and Model …, the federal reserve rate, the nominal effective exchange rate, and the central bank policy rate. According to the … empirical results, the US unconventional monetary policy induces a surge in the exchange rate and a decrease in the central bank …