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  • Exchange rate dynamics and the trade balance : the case of Sri Lanka

    Creator:
    Weerasooriya, Senal A.
    Abstract:
    Relationship between the exchange rate and the trade balance is a key component for a developing nation. Although, in theoretical sense, depreciation of currency would result in an improvement in the trade balance, sluggish response of trade flows to changes in currency has prompted researches to look in to the...
    Resource Type:
    Masters Thesis
    Full Text:
    several exchange rate regimes. At the time of independence in 1948, Sri Lanka had a fixed exchange rate