NRCT's Local Handle System

Creator

100 ผู้แต่ง(บุคคล)	Wanrapee Banchuenvijit

100 ผู้แต่ง(บุคคล)

Wanrapee Banchuenvijit

Title

245 ชื่อเรื่อง	Factors Determining Exchange Rates between Thai Baht and US Dollar as well as Thai Baht and Chinese Yuan under President Donald Trump's Administration

245 ชื่อเรื่อง

Factors Determining Exchange Rates between Thai Baht and US Dollar as well as Thai Baht and Chinese Yuan under President Donald Trump's Administration

Contributor

700 ผู้แต่งร่วม (บุคคล)	-

700 ผู้แต่งร่วม (บุคคล)

-

Publication Information


ข้อมูลชุดที่ 1

260 สำนักพิมพ์	University of the Thai Chamber of Commerce
260 ปีที่พิมพ์	2022
773 ชื่อวารสาร	Journal of Family Business and Management Studies
773 ปีที่(Vol.)	14
773 ฉบับที่ (No.)	2
773 หน้าที่ (Page no.)	79-90

Keywords

650 หัวเรื่อง	THB/USD
650 หัวเรื่อง	THB/CNY
650 หัวเรื่อง	Interest rate
650 หัวเรื่อง	Inflation rate
650 หัวเรื่อง	Foreign reserves
650 หัวเรื่อง	Net exports
650 หัวเรื่อง	President Trump

URL Digital File

505 Uniform Resource Identifier	https://www.fbmsjournal.com/wp-content/uploads/2022/12/05_exchangeratetrump.pdf

505 Uniform Resource Identifier

https://www.fbmsjournal.com/wp-content/uploads/2022/12/05_exchangeratetrump.pdf

URL Website

856 Link text	www.fbmsjournal.com

856 Link text

www.fbmsjournal.com

Website title

856 Name of location of host	fbmsjournal

856 Name of location of host

fbmsjournal

ISSN

022 International Standard Serial Number	2821-9643(online)

022 International Standard Serial Number

2821-9643(online)

abstract

520 สาระสังเขป	The study of factors determining exchange rates between Thai baht and US dollar as well as Thai baht and Chinese yuan under president Donald Trump's administration collects monthly time series data of the THB/USD exchange rate, the THB/CNYexchange rate, interest rate, inflation rate, foreign reserves, and net exports during the period from January 2017 to December 2020. The results from multiple regression with ordinary least squared show that a change in the interest rate differentials has a statistically significant impact on not only a change in the THB/USD exchange rate but also a change in the THB/CNY exchange rate at 0.10 level. Moreover, the inflation rate differentials have a statistically significant association with a change in the THB/USD exchange rate at 0.10 level. Additionally, a change in foreign reserves is inversely related to a change in the THB/CNY exchange rate at 0.05 level. However, net exports have no significant effect on both changes in the THB/USD and THB/CNY exchange rates.

520 สาระสังเขป

The study of factors determining exchange rates between Thai baht and US dollar as well as Thai baht and Chinese yuan under president Donald Trump's administration collects monthly time series data of the THB/USD exchange rate, the THB/CNYexchange rate, interest rate, inflation rate, foreign reserves, and net exports during the period from January 2017 to December 2020. The results from multiple regression with ordinary least squared show that a change in the interest rate differentials has a statistically significant impact on not only a change in the THB/USD exchange rate but also a change in the THB/CNY exchange rate at 0.10 level. Moreover, the inflation rate differentials have a statistically significant association with a change in the THB/USD exchange rate at 0.10 level. Additionally, a change in foreign reserves is inversely related to a change in the THB/CNY exchange rate at 0.05 level. However, net exports have no significant effect on both changes in the THB/USD and THB/CNY exchange rates.