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Commodity Prices and Exchange Rate Volatility: Lessons from South Africa’s Capital Account Liberalization

Author/Editor: Rabah Arezki, Elena Dumitrescu, Andreas Freytag, Marc Quintyn.

Release Date: June, 2012

Price: $18.00

We examine the relationship between South African Rand and gold price volatility using monthly data for the period 1980-2010. Our main findings is that prior to capital account liberalization the more...