Buy custom Foreign Exchange Rate Sensitivity and Stock Price
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| Topic: |
Science
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| Number of pages / Number of words: |
6 / 1654 |
Essay's paper body
Turkey now follows a floating exchange rate policy. In recent years Turkish economy has been suffered from economic crises. Volatility in foreign exchange rate and deviation from purchasing power parity became persistent in the economy. The firms operating in Turkey are affected in many ways from these economic conditions...
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The firms operating in Turkey are affected in many ways from these economic conditions. The firms have faced higher business risk and foreign exchange risk.
In this study, we aim to measure foreign exchange exposure of Turkish companies especially for last 3 years. We estimated the exchange rate sensitivity of equity returns of exporter and non-exporter companies by individual level...
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