MERAL Myanmar Education Research and Learning Portal
Item
{"_buckets": {"deposit": "defe2d5b-758f-460b-8cc4-1312031cf8cb"}, "_deposit": {"created_by": 139, "id": "7565", "owner": "139", "owners": [139], "owners_ext": {"displayname": "", "username": ""}, "pid": {"revision_id": 0, "type": "depid", "value": "7565"}, "status": "published"}, "_oai": {"id": "oai:meral.edu.mm:recid/00007565", "sets": ["user-tcu"]}, "communities": ["tcu"], "control_number": "7565", "item_1583103067471": {"attribute_name": "Title", "attribute_value_mlt": [{"subitem_1551255647225": "An Analysis of the Relationship between Gold Price and US Dollar Exchange Rate in Myanmar", "subitem_1551255648112": "en"}]}, "item_1583103085720": {"attribute_name": "Description", "attribute_value_mlt": [{"interim": "The aim of this research was to study the relationship between foreign exchange rate and gold price of Myanmar. Accordingly, this study examines the trends of gold price and US dollar from April 2014 to March 2018 in Myanmar. Only secondary data were used in the study and there comprise of daily closing gold price and US dollar exchange rate. Descriptive statistics and correlation coefficient was used to analyze the relationship between gold price and US dollar exchange rate for study period. Granger causality model was used to explore whether gold price and US dollar exchange rate cause with each other. Negative relationship was found between gold price and US dollar exchange rate. It also was found that causality have between gold price and US dollar exchange rate mutually. It is found that US dollar is gradually appreciate during the study period. Appreciation of US dollar may be able to provided export-led-growth policy for development in Myanmar. Central Bank should always monitor not only situation of foreign exchange market but also authorized dealers in the market. Financial planners should always monitor economic and political situation which can affect on US dollar in Myanmar to assess investment opportunities."}]}, "item_1583103108160": {"attribute_name": "Keywords", "attribute_value_mlt": [{"interim": "Gold price"}, {"interim": "US dollar exchange rate"}, {"interim": "Negative relationship"}]}, "item_1583103120197": {"attribute_name": "Files", "attribute_type": "file", "attribute_value_mlt": [{"accessrole": "open_access", "date": [{"dateType": "Available", "dateValue": "2021-01-18"}], "displaytype": "preview", "download_preview_message": "", "file_order": 0, "filename": "An Analysis of the Relationship between Gold Price and Exchange Rate in Myanmar,Daw Cho Cho Zaw.pdf", "filesize": [{"value": "257 KB"}], "format": "application/pdf", "future_date_message": "", "is_thumbnail": false, "licensetype": "license_0", "mimetype": "application/pdf", "size": 257000.0, "url": {"url": "https://meral.edu.mm/record/7565/files/An Analysis of the Relationship between Gold Price and Exchange Rate in Myanmar,Daw Cho Cho Zaw.pdf"}, "version_id": "3c588b4c-e8af-4646-a99c-9fe7d1d950e4"}]}, "item_1583103131163": {"attribute_name": "Journal articles", "attribute_value_mlt": [{"subitem_journal_title": "Co-operative University, Thanlyin Research Journal 2018", "subitem_pages": "46-55", "subitem_volume": "Vol.3, No.2"}]}, "item_1583105942107": {"attribute_name": "Authors", "attribute_value_mlt": [{"subitem_authors": [{"subitem_authors_fullname": "CHO CHO ZAW"}]}]}, "item_1583108359239": {"attribute_name": "Upload type", "attribute_value_mlt": [{"interim": "Publication"}]}, "item_1583108428133": {"attribute_name": "Publication type", "attribute_value_mlt": [{"interim": "Journal article"}]}, "item_1583159729339": {"attribute_name": "Publication date", "attribute_value": "2018-12-01"}, "item_title": "An Analysis of the Relationship between Gold Price and US Dollar Exchange Rate in Myanmar", "item_type_id": "21", "owner": "139", "path": ["1607959986665", "1608033383071"], "permalink_uri": "http://hdl.handle.net/20.500.12678/0000007565", "pubdate": {"attribute_name": "Deposited date", "attribute_value": "2021-01-16"}, "publish_date": "2021-01-16", "publish_status": "0", "recid": "7565", "relation": {}, "relation_version_is_last": true, "title": ["An Analysis of the Relationship between Gold Price and US Dollar Exchange Rate in Myanmar"], "weko_shared_id": -1}
An Analysis of the Relationship between Gold Price and US Dollar Exchange Rate in Myanmar
http://hdl.handle.net/20.500.12678/0000007565
http://hdl.handle.net/20.500.12678/0000007565e5ca2133-937d-4f25-92d8-73d636ffbd8b
defe2d5b-758f-460b-8cc4-1312031cf8cb
Name / File | License | Actions |
---|---|---|
An Analysis of the Relationship between Gold Price and Exchange Rate in Myanmar,Daw Cho Cho Zaw.pdf (257 KB)
|
Publication type | ||||||
---|---|---|---|---|---|---|
Journal article | ||||||
Upload type | ||||||
Publication | ||||||
Title | ||||||
Title | An Analysis of the Relationship between Gold Price and US Dollar Exchange Rate in Myanmar | |||||
Language | en | |||||
Publication date | 2018-12-01 | |||||
Authors | ||||||
CHO CHO ZAW | ||||||
Description | ||||||
The aim of this research was to study the relationship between foreign exchange rate and gold price of Myanmar. Accordingly, this study examines the trends of gold price and US dollar from April 2014 to March 2018 in Myanmar. Only secondary data were used in the study and there comprise of daily closing gold price and US dollar exchange rate. Descriptive statistics and correlation coefficient was used to analyze the relationship between gold price and US dollar exchange rate for study period. Granger causality model was used to explore whether gold price and US dollar exchange rate cause with each other. Negative relationship was found between gold price and US dollar exchange rate. It also was found that causality have between gold price and US dollar exchange rate mutually. It is found that US dollar is gradually appreciate during the study period. Appreciation of US dollar may be able to provided export-led-growth policy for development in Myanmar. Central Bank should always monitor not only situation of foreign exchange market but also authorized dealers in the market. Financial planners should always monitor economic and political situation which can affect on US dollar in Myanmar to assess investment opportunities. | ||||||
Keywords | ||||||
Gold price, US dollar exchange rate, Negative relationship | ||||||
Journal articles | ||||||
Co-operative University, Thanlyin Research Journal 2018 | ||||||
46-55 | ||||||
Vol.3, No.2 |