Please use this identifier to cite or link to this item:
Title: Determination of Vietnam's exchange rate and policy options.
Authors: Le, Thai Ha.
Keywords: DRNTU::Social sciences::Economic development::Vietnam
Issue Date: 2009
Abstract: With monthly data from July 2004 to December 2008, the empirical study in this paper found that difference in CPI or inflation rate and interest rate gap with the US are the two main determinants of Vietnam’s exchange rate. The model was built based on the three popular approaches to exchange rate determination, which are purchasing power parity (PPP) approach, balance of payment (BOP) approach, and monetary and portfolio approach and applying the error-correction model (ECM). This paper also figured out that a multilateral exchange rate system based on a currency basket is possibly the most appropriate exchange rate regime for Vietnam in the near future.
Rights: Nanyang Technological University
Fulltext Permission: restricted
Fulltext Availability: With Fulltext
Appears in Collections:HSS Student Reports (FYP/IA/PA/PI)

Files in This Item:
File Description SizeFormat 
  Restricted Access
859.56 kBAdobe PDFView/Open

Page view(s) 50

Updated on Feb 25, 2021

Download(s) 50

Updated on Feb 25, 2021

Google ScholarTM


Items in DR-NTU are protected by copyright, with all rights reserved, unless otherwise indicated.