Does gold act as a hedge against the Malaysian exchange rate? Evidence from the financial crisis in 2008 / Maryanne S. Golot

Golot, Maryanne S. (2016) Does gold act as a hedge against the Malaysian exchange rate? Evidence from the financial crisis in 2008 / Maryanne S. Golot. Degree thesis, Universiti Teknologi MARA, Sabah.

Abstract

Using a model of classical linear regression covering 10 years of daily data for MYR exchange rates, this paper addresses a practical question: Does gold act as a hedge against the Malaysian Ringgit or not? This study is divided into three section of timeline that highlight the possible effect on the economic crisis in 2008. A key finding from this two variable regression model is that there is significant negative relationship between price of gold and Malaysian exchange rate during the course of years.

Metadata

Item Type:	Thesis (Degree)
Creators:	Creators Email / ID Num. Golot, Maryanne S. 2013223606
Contributors:	Contribution Name Email / ID Num. Advisor Udin, Sarmila sarmil370@uitm.edu.my
Subjects:	H Social Sciences > HG Finance > Money > Precious metals. Bullion
Divisions:	Universiti Teknologi MARA, Sabah > Kota Kinabalu Campus > Faculty of Business and Management
Programme:	Bachelor of Business Administration (Hons) Finance
Keywords:	Gold; Price; Exchange rate
Date:	2016
URI:	https://ir.uitm.edu.my/id/eprint/101162