{"product_id":"9781840648430-exchange-rates-interest-rates-and-commo","title":"Exchange Rates, Interest Rates and Commodity Prices","description":"\u003cmeta content=\"text\/html; charset=utf-8\" http-equiv=\"Content-Type\"\u003e\u003cp\u003e\u003cspan\u003eThis book explores the key issues relating to links between exchange rate instability and domestic inflation, including real exchange rate and interest rate manifestations, and the co-variability of exchange rates and commodity prices. The common theme throughout is the behaviour of asset prices and interest rates in international markets.\u003cbr\u003eThis book explores the key issues relating to links between exchange rate instability and domestic inflation, including real exchange rate and interest rate manifestations, and the co-variability of exchange rates and commodity prices. The common theme throughout is the behaviour of asset prices and interest rates in international markets.\u003cp\u003eA number of interrelated questions regarding the interactions of exchange rates, interest rates and commodity prices are posed: \u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eWhy is purchasing power parity invariably controversial?\u003c\/li\u003e\n\u003cli\u003eDespite overwhelming evidence that sterilised central bank interventions are impotent, why do major industrialised countries (such as the G-7) continue to look for accords to stem exchange rate volatility?\u003c\/li\u003e\n\u003cli\u003eWhy are the currencies of resource-based economies depreciating when the commodity prices are holding up?\u003c\/li\u003e\n\u003cli\u003eHas the link between exchange rates and commodity prices collapsed?\u003c\/li\u003e\n\u003cli\u003eIn a world of increasing globalisation, why are interest rate movements so poorly correlated across countries?\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003cp\u003eNew insights to these and other fundamental questions in international finance are provided by way of empirical analyses. Whilst there remains much that is little understood, the conclusions concerning the validity of the theory of purchasing power parity are becoming more and more reliable.\u003c\/p\u003e\n\u003cp\u003eThis book is a must-read for graduate students, researchers and lecturers interested in finance, economics or business. \u003ci\u003eExchange Rates, Interest Rates and Commodity Prices \u003c\/i\u003e will also appeal to policymakers.\u003c\/p\u003e\n\u003cbr\u003e\u003cbr\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Rarewaves","offers":[{"title":"Default Title","offer_id":53567263867254,"sku":"9781840648430","price":136.78,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0092\/7504\/8033\/files\/orig_31186735.jpg?v=1730919070","url":"https:\/\/www.rarewaves.com\/products\/9781840648430-exchange-rates-interest-rates-and-commo","provider":"Rarewaves.com","version":"1.0","type":"link"}