International Journal of Humanities and Social Science

ISSN 2220-8488 (Print), 2221-0989 (Online) 10.30845/ijhss

Real Exchange Rate Deviation in the Pre and Post Financial Crisis
Amir H. Mozayani, Sanaz Parvizi

This article aims at investigating whether financial crisis have had significant impact on deviation of real exchange rate in three selected groups of (developed, developing and resource based) countries. To do that, we estimated a cross country basic real exchange rate determination model for 1990-2012 and extracted historic trend of real exchange rate deviation. The results imply that financial crisis has had significant but dissimilar impact on real exchange rate movement (deviation) in the selected countries. But the essence of impacts in developed countries has been much sensible than in developing and resource based (oil exporting) countries.

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