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...

全面介紹

書目詳細資料
主要作者: Gyntelberg, Jacob
其他作者: Loretan, Mico, Tientip, Subhanij
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2012.
叢編:IMF Working Papers; Working Paper ; No. 2012/214
在線閱讀:Full text available on IMF