Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Business
The Effect Of Inflation, Interest Rates And Exchange Rates On Stock Prices Comparative Study Among Two Gcc Countries, Mahfoudh Hussein Mgammal
The Effect Of Inflation, Interest Rates And Exchange Rates On Stock Prices Comparative Study Among Two Gcc Countries, Mahfoudh Hussein Mgammal
Mahfoudh Hussein Mgammal
The main purpose of this paper is to investigate whether stock prices and exchange rates are related to each other or not. Both the short term and the long term association between these variables are discovered. The study applies monthly and quarterly data on two gulf countries, including Kingdom Saudi Arabia (KSA) and United Arab Emirate (UAE) for the period January 2008 to December 2009. The results of this study in the short term found that the exchange rate influence positively on the stock market price index for United Arab Emirate and there is no association between them for Kingdom …