Baharumshah, Ahmad Zubaidi; Mohd, Siti Hamizah; Ahn, Sung - In: Applied Economics 41 (2009) 14, pp. 1761-1770
The predictive power of the monetary model for the Malaysian ringgit/US dollar (RM/USD) rate is analysed using quarterly data ending in 2006:Q3. We find compelling evidence of a long-run relationship between exchange rates and the economic fundamental determinant. Macroeconomic factors...
