In this study, we examine the effect of the change in the exchange rate of US Dollars on the market index of 20 developing countries for the period between January 2001 to November 2006 with regression analysis. In adition, this study also compares the effect of the decrease in US Dollars...

Exchange rate exposure has been one of the most important subject in international finance after the introduction of the flexible exchange rate system at the beginning of 1970s. Firms’ financial positions are affected due to unexpected and continuous fluctuations in foreign exchange rates. The...

Exchange rate exposure has been one of the most important subject in international finance after the introduction of the flexible exchange rate system at the beginning of 1970s. Firms’ financial positions are affected due to unexpected and continuous fluctuations in foreign exchange rates. The...