Exchange rates and global volatility: implications for Asia-Pacific currencies

John Cairns, Corrinne Ho and Robert McCauley

BIS Quarterly Review, 2007

Abstract: At times of heightened global equity and bond market volatility, high-yielding currencies tend to depreciate while low-yielding ones tend to serve as a "safe haven". The whole spectrum of sensitivity to global volatility is represented among Asia-Pacific currencies.

JEL-codes: F3 G1 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (41)

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Persistent link: https://EconPapers.repec.org/RePEc:bis:bisqtr:0703f

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