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The impact of external shocks on volatility persistence and market efficiency of the foreign exchange rate regime: evidence from Malawi

Economics

The impact of external shocks on volatility persistence and market efficiency of the foreign exchange rate regime: evidence from Malawi

J. P. Chunga and P. Yu

This research by Joseph Paul Chunga and Ping YU delves into the complex impacts of external shocks on Malawi's foreign exchange market, revealing significant volatility persistence in response to negative shocks and structural breaks influenced by global events. Dive into the intricate dynamics of this market efficiency study!

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