Trade reserve and exchange rate: a comparative analysis of high, moderate, and low trade openness countries

Shahida Suleman et al.

Journal of Economic Policy Reform2025https://doi.org/10.1080/17487870.2024.2446751article
AJG 1ABDC B
Weight
0.37

Abstract

This study aims to comprehensively examine the impact of trade reserves (TR) on exchange rates (ER) across different degrees of openness economies – specifically high, moderate, and low openness – from 1997 to 2020. Utilizing advanced panel regression techniques, the research assesses long-term dynamics through Pedroni cointegration and explores causal relationships via Granger causality tests. The findings indicate both long-term and short-term relationships between TR and ER. Notably, the study reveals a significant inverse effect of TR on ER, with the impact of trade on ER being particularly pronounced in low-openness economies.

1 citation

Open via your library →

Cite this paper

https://doi.org/https://doi.org/10.1080/17487870.2024.2446751

Or copy a formatted citation

@article{shahida2025,
  title        = {{Trade reserve and exchange rate: a comparative analysis of high, moderate, and low trade openness countries}},
  author       = {Shahida Suleman et al.},
  journal      = {Journal of Economic Policy Reform},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1080/17487870.2024.2446751},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

Trade reserve and exchange rate: a comparative analysis of high, moderate, and low trade openness countries

Flags are reviewed by the Arbiter methodology team within 5 business days.


Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.16 × 0.4 = 0.06
M · momentum0.53 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.