Sarb paper examines inflation annoucement influence on currency market
A working paper, published by the South African Reserve Bank in May, examines the link between short-term currency fluctuations of the rand-dollar nominal rate and inflation announcements in South Africa.
Authors Greg Farrell, Shakill Hassan and Nicola Viegi, use as their parameters the five minutes before, and five minutes after, an official inflation announcement.
The authors write that there is a definite relationship between currency movements and inflation announcements, and that broadly,
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