Faculty of Economics and Business Administration Publications Database

The Foreign Exchange Rate Exposure of Nations

Moebert, Jochen
Sonderhof, Katja
Volume: 22
Number: 2
Pages: 339 - 353
Month: April
ISSN-Print: 0923-7992
Link External Source: Online Version
Year: 2011
Keywords: Exchange Rate; Exposure International Trade; Current Account Balance; Capital Flows
Abstract: Following the well-known approach by Adler and Dumas (Finance Management 13(2):41–50, 1984), we evaluate the foreign exchange rate exposure of nations. Results based on data from 27 countries show that national foreign exchange rate exposures are significantly related to the current account and financial account balance variables of corresponding economies.