Exchange Rate Fluctuations and International Portfolio Rebalancing in Thailand /

We present empirical evidence that the Thai baht's value is driven in part by investors' cross-border equity portfolio rebalancing decisions. Our results are based on comprehensive datasets of FX and stock market transactions undertaken by nonresident investors in Thailand in 2005 and 2006...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Gyntelberg, Jacob
Rannpháirtithe: Loretan, Mico, Tientip, Subhanij
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2012.
Sraith:IMF Working Papers; Working Paper ; No. 2012/214
Rochtain ar líne:Full text available on IMF