1887

n South African Journal of Economic and Management Sciences - Towards inflation targeting in Egypt : the relationship between exchange rate and inflation

Volume 15, Issue 3
  • ISSN : 1015-8812
USD

 

Abstract

Since the Egyptian economy has recently moved towards inflation targeting, it became very important to know whether exchange rate movements have serious inflationary implications or not. To investigate this subject, the study aims to analyse the relevance of inflation with the exchange rate by using the Granger-causality test. Two indicators of inflation will be used, the consumer price index (CPI) and wholesale price index (WPI). In general, the results show a strong relationship between the two variables in a way that may give support to the application of 'flexible inflation targeting regime instead of strict inflation targeting regime'.

Loading full text...

Full text loading...

Loading

Article metrics loading...

/content/ecoman/15/3/EJC124113
2012-09-01
2017-01-16

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error