Exchange Rates, Interest Rates and Commodity Prices - 9781840648430

Exchange Rates, Interest Rates and Commodity PricesAuthor(s): Meher Manzur\nFormat: Hardback\nPublisher: Edward Elgar Publishing Ltd, United Kingdom\nImprint: Edward Elgar Publishing Ltd\nISBN-13: 9781840648430, 978-1840648430\nSynopsis\nThis 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 [url] number of interrelated questions regarding the interactions of exchange rates, interest rates and commodity prices are posed:\nWhy is purchasing power parity invariably controversial? Despite 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? Why are the currencies of resou.