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The Effect of Foreign Exchange Accumulation on Macroeconomic Stability in Post-Liberalized South Africa
This study examines the impact of foreign exchange reserve accumulation on macroeconomic stability in South Africa over the period 1995-2016 using a vector error correction model. The results show that foreign exchange reserve accumulation has a positive impact on macroeconomic stability.
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| Format: | Thesis |
| Language: | English |
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Graduate School of Business (GSB)
2021
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| Summary: | This study examines the impact of foreign exchange reserve accumulation on macroeconomic stability in South Africa over the period 1995-2016 using a vector error correction model. The results show that foreign exchange reserve accumulation has a positive impact on macroeconomic stability. |
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