Download or read book Exchange Rate Volatility in Uganda written by Adam Mugume and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Asymmetric and Nonlinear Effects of Exchange Rate Volatility in Uganda written by Jacob Opolot and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Effects of Exchange Rate Volatility on Trade Balance of Uganda written by Wokadala James and published by LAP Lambert Academic Publishing. This book was released on 2011-08 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effects of exchange rate and its variability on trade flows remains an interesting outcome for Uganda for the last two decades when flexible exchange rate regime was adopted, increasing the exposure of trade flows to currency behaviour risk. In effect, the country's trade balance remains in deficit due to great variability of her trade flows. This book provides empirical investigation of possible casual effects of exchange rate volatility and other policy variables on trade balance of Uganda. Results indicate that exchange rate variability effect on Uganda's fragile economy is real as it causes instability in other macroeconomic fundamentals. Medium and long term policies to smoothen exchange rate volatility and improve trade flows have been proposed in this book. The contents of this book provide useful contributions to the empirical basis needed for proper management of monetary and trade policies as the country moves towards self reliance. Policy makers and professionals would find reading this piece as valuable and informative.

Download or read book Exchange Rate Policy and Inflation written by Barbara Mbire Barungi and published by . This book was released on 1997 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreign Exchange Volatility Under Inflation Targeting in Uganda written by Stephen Lukwago and published by . This book was released on 2016 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: In July 2011, Uganda reformed its monetary policy framework citing “challenges of macroeconomic management and the rapid growth and diversification of the financial system” MPC July (2011). This paper reviews the effect of foreign exchange interventions on the inflation target policy in Uganda, with the aim of including a target in the framework. By including exchange rate within the model, the volatilities in the exchange rate can be captured at an early stage and therefore are less costly in terms of the depression (below potential output) that is foregone by targeting inflation alone. In the most recent inflationary episode, the economy's output above potential reached the country's historical lowest and hence cannot be ignored. An SVAR approach reveals that exchange rates did not have significant effect on changes in both inflation and output in the first four quarters accounting for only 3.8% and 0.14% variations respectively. Therefore there is no need to change from exchange rate interventions to fixing a target exchange rate band in Uganda. Furthermore the exchange rate should be left to float in the midst of the inflation rate targeting to avoid the risk of conflicting targets. Another interesting revelation is that although the central bank highlighted the depreciating exchange rate as one of the main causes of inflation in the country, the results indicate that the causes could be other factors such as increased aggregate demand or reduction in aggregate supply.

Download or read book Uganda s Equilibrium Real Exchange Rate and Its Implications for Non traditional Export Performance written by Michael Atingi and published by . This book was released on 2004 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Toward a Realistic and Stable Foreign Exchange Rate for Uganda written by Uganda. Ministry of Finance and Economic Planning. Export Policy Analysis Unit and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Toward a Realistic and Stable Foreign Exchange Rate for Uganda written by and published by . This book was released on 1995 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Macroeconomic Features of the Uganda Economy and Some Policy Implications The impact of official exchange rate devaluation on Uganda written by and published by . This book was released on 1989 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Macroeconomic Features of the Uganda Economy and Some Policy Implications The relationship between money prices and the parallel market exchange rate written by and published by . This book was released on 1980 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Impact of the Global Financial Crisis on Exchange Rates and Policies in Sub Saharan Africa written by Stella Kaendera and published by International Monetary Fund. This book was released on 2009-12-15 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the evolution of the exchange rates of sub-Saharan African currencies in the context of the global financial crisis. In particular, it analyzes the reasons behind the differences in the magnitude and volatility of the exchange rates among countries. To this end, it takes a sample of seven countries, four members of the East African Community (EAC) (Kenya, Rwanda, Tanzania, and Uganda), and three others, which experienced large exchange rate losses at the onset of the crisis: Ghana, Nigeria, and Zambia. First, it analyzes the movements of the exchange rates with respect to the U.S. dollar and two other major currencies. Second, it tries to link the magnitude of their movements to key factors, relating to the external environment and the countries’ internal policies.

Download or read book Exchange Rate Volatility and Trade Flows Some New Evidence written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-05-19 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: NULL

Download or read book Toward a Monetary Union in the East African Community written by Mr.Paulo Drummond and published by International Monetary Fund. This book was released on 2015-07-20 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines how susceptible East African Community (EAC) economies are to asymmetric shocks, assesses the value of the exchange rate as a shock absorber for these countries, and reviews adjustment mechanisms that would help ensure a successful experience under a common currency. The report draws on analysis of recent experiences and examines likely future changes in the EAC economies.

Download or read book The Importance of Domestic and External Factors in the Appreciation of the Real Exchange Rate in Uganda written by Charles A. Abuka and published by . This book was released on 1999 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Macroeconomic Features of the Uganda Economy and Some Policy Implications The impact of official exchange rate devaluation on Uganda written by and published by . This book was released on 1980 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Remoteness and Real Exchange Rate Volatility written by Claudio Bravo-Ortega and published by International Monetary Fund. This book was released on 2005 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the impact of trade costs on real exchange rate volatility. The channel is examined by constructing a two-country Ricardian model of trade, based on the work of Dornbusch, Fischer, and Samuelson (1977), which shows that higher trade costs result in a larger nontradable sector. This, in turn, leads to higher real exchange rate volatility. We provide empirical evidence supporting the channel.

Download or read book Financing Uganda S Poverty Reduction Strategy written by Mwanza Nkusu and published by International Monetary Fund. This book was released on 2004-09 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Uganda's market-friendly development strategy and poverty reduction agenda have attracted large financial inflows, including aid. During 2000-02, concerns about a possible aid-induced Dutch disease were heightened by widening macroeconomic imbalances and an upward trend in the real effective exchange rate (REER). This paper shows that the REER remained broadly stable during a 10-year period and nontraditional exports increased remarkably, contrary to the predictions of the Dutch disease model. Also, economic growth was strong. This good performance is attributed to sound macroeconomic policies and important structural reforms, which have allowed an increased use of available production factors.