“The Impact of the Exchange Rate Volatilities on Stock Markets Dynamics” - An Article Review
The paper titled “ The Impact of the Exchange Rate Volatilities on Stock Markets Dynamics” was published in the journal HAL in the year 2019, HAL is a multi-disciplinary open access archive for the deposit and dissemination of scientific research documents. The author Nesrine MECHRI et al., showed the effect of exchange rate volatility on the stock market with evidence from Tunisia and Turkey. The data of this study covers a sample period from January 2002 to January 2017, monthly data is used for the study, in addition to exchange rates, he also used inflation rates, interest rates, Gold prices, and petrol prices index in Tunisia and Turkey. To determine the volatilities of variables he use the GARCH model which allows identifying the dynamics of each variable in long term. Exchange rates and stock prices have a crucial role in portfolio decisions and economic development. The main objective of the paper was to...