Was the Foreign Exchange Market Affected by the Pandemic Crisis?

Cristina Balint and Claudiu Bordea
Additional contact information
Cristina Balint: BabeÈ™-Bolyai University
Claudiu Bordea: BabeÈ™-Bolyai University (graduate)

Finante - provocarile viitorului (Finance - Challenges of the Future), 2021, vol. 1, issue 23, 125-135

Abstract: In order to understand the impact of Covid-19 on different economies, this paper tries to underline the effects of the Covid-19 pandemic over some of the most traded currencies. For this purpose, a period of 3 years has been taken into consideration and the data was analyzed with the help of MetaTrader platform. The findings indicate a correlation between the pandemic and the volatility of the analyzed exchange rates. The results indicate that the observed pairs where affected negatively by the pandemic crisis. Thus, the effect of the pandemic is not only on a short time, but the effects will also be seen on a longer period of time.

Keywords: Covid-19; pandemic; forex market; currency exchange (search for similar items in EconPapers)
JEL-codes: F31 G15 (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.financejournal.ro/fisiere/revista/195534145612_Balint_Bordea_EN.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2021:i:23:p:125-135

Access Statistics for this article

Finante - provocarile viitorului (Finance - Challenges of the Future) is currently edited by Marin OPRITESCU

More articles in Finante - provocarile viitorului (Finance - Challenges of the Future) from University of Craiova, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Alina Manta ().