Olds, Tim and Steenkamp, Daan and Van Jaarsveld, Rossouw (2021): The impact of global FX liquidity on the rand. Published in: Economic Research South Africa Policy Bulletin No. 05
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Abstract
The Covid crisis saw significant declines in market liquidity and calls for central banks to step in. Most research into foreign exchange (FX) liquidity does not consider a large cross-section of emerging market currency pairs or include the rand (ZAR) in its analysis, so this note sheds light on the intra-day behaviour of foreign currency rates and FX market liquidity for 20 of the most traded currency pairs.
Item Type: | MPRA Paper |
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Original Title: | The impact of global FX liquidity on the rand |
Language: | English |
Keywords: | Foreign Exchange, liquidity |
Subjects: | F - International Economics > F3 - International Finance > F31 - Foreign Exchange |
Item ID: | 116466 |
Depositing User: | Dr Daan Steenkamp |
Date Deposited: | 21 Mar 2025 15:22 |
Last Modified: | 21 Mar 2025 15:22 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/116466 |