@article{article_538025, title={THE FACTORS AFFECTING NOMINAL EXCHANGE RATE FOR DEVELOPING COUNTRIES: A PANEL DATA ANALYSIS}, journal={Akademik Araştırmalar ve Çalışmalar Dergisi (AKAD)}, volume={11}, pages={41–49}, year={2019}, DOI={10.20990/kilisiibfakademik.538025}, author={Demirhan, Banu and Demirhan, Erdal}, keywords={Nominal Exchange Rate,Economic Growth}, abstract={<p style="margin-top:6pt;margin-right:0cm;margin-bottom:6pt;margin-left:0cm;text-align:justify;"> <i> <span style="font-size:10pt;color:#212121;">This study
examines the factors determining nominal exchange rate in 77 developing
countries for the period of 2004-2016. Panel data regression model is
constructed in the econometric estimations. According to empirical results,
anti-inflationary policies are necessary to achieve lower nominal exchange rates
in developing countries. Economic growth stemming from higher capital formation
contributes to lower nominal exchange rates </span> </i> <b> <i> <span style="font-size:10pt;"> </span> </i> </b> <i> <span style="font-size:10pt;color:#212121;">as well as implementing economic policies towards
increasing international reserves  </span> </i> <b> <i> <span style="font-size:10pt;"> </span> </i> </b> </p> <p> <b> <i> </i> </b> </p> <b> <i> </i> </b>}, number={20}, publisher={Kilis 7 Aralık Üniversitesi}