Title

The threat of the unforseen: The impact of terrorist attacks on the US dollar-PH peso exchange rate and its contagion effect on the ASEAN currencies

Date of Publication

2017

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Management of Financial Institutions

College

Ramon V. Del Rosario College of Business

Department/Unit

Financial Management Department

Thesis Adviser

Mar Adriel Umali

Defense Panel Chair

Rene Betita

Defense Panel Member

Dioscoro Baylon, Jr.

Abstract/Summary

This paper analyzed the impact of terrorist attacks in the Philippines and in the United Sates towards US dollar-PH peso exchange rate as well as its contagion effect towards ASEAN currencies. Previous studies stated that such events indeed had an impact with the exchange rate and significant crises created a contagion effect towards international markets. The study implemented GARCH (1, 1) model to determine the impact the terrorist attacks to the USD/PHP exchange rate as well as determining the contagion effect towards the ASEAN currencies. The results showed that terrorist attacks from both countries do not have a significant effect towards the USD/PH exchange rate. However, it showed that there is indeed a contagion effect towards a few ASEAN currencies.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU21868

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

85, 4 leaves ; 28 cm.

Keywords

Foreign exchange rates--Philippines; Money--Philippines

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