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Honors College Theses

2022

COVID

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Covid-19 And The Foreign Exchange Market: An Analysis Of The Pandemic’S Effect On Exchange Rates, Izabella Salim May 2022

Covid-19 And The Foreign Exchange Market: An Analysis Of The Pandemic’S Effect On Exchange Rates, Izabella Salim

Honors College Theses

The pandemic created by the Coronavirus (COVID-19) impacted global economies and individual lives. Millions died as a direct result of the virus. Countries found themselves caught up in a whirlwind of information and disinformation that created uncertainty within households, businesses, political factions. This study explores interactions between COVID-19 cases, political responses, and exchange rates. Foreign exchange rates serve as a proxy for global economic response to the growing number of COVID cases and political reactions and responses to the pandemic. Governmental policies can be seen as a signal of a country’s ability to prepare against the virus and protect its …