The COVID-19 Process and the Exchange Rate Relation: An Application on Turkey

DİNERİ, Eda; Çütçü, İbrahim

doi:10.21203/rs.3.rs-49026/v1

Cited by 10 publications

(12 citation statements)

References 7 publications

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“…This pandemic situation is no longer limited within health crisis rather it's extending unprecedented devastating impact on social, economic sector and it seems to be dispersing scars in the long run (UNDP, 2020). During this corona outbreak economic sector has faced a tremendous change and in this recent time its implications and impacts are studied as "Coronanomics" (Eichengreen, 2020) also some call it "Black Swan" (Dineri and Çütçü, 2020). Due to this outbreak world experienced an evolving "de-globalization" constraining inter-national lockdown, forestalling typical progressions of products, temporary shut-down of business and production (Barua, 2020).…”

Section: Introductionmentioning

confidence: 99%

The Impact of COVID-19 on Socio Economic Condition of City People: Lessons From the Selected KCC Area

et al. 2020

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This paper aims to provide a small-scale quantitative overview about the impact on socio economic condition in lockdown wards of Khulna City Corporation (KCC), Bangladesh due to this pandemic. Online survey for primary data was conducted through 158 respondents and the informants belongs to different types of occupation such as student, govt. employee, businessman etc. Secondary data was obtained from various credential sources. With the socioeconomic stress of COVID-19, people’s satisfaction level is measured with well-known index life scale assessment to measure the judgmental component of subjective well-being. This study reveals that 44% respondents who preferred online based activities which are directly related with online activity and occupation related activities rather than physically involved activities (33%) due to maintain social distancing. Besides about 46% maid was suspended due to hygienic concern and 45% driver was suspended because of the inability of maintenance cost i.e. an economic pressure which has been reflected on all classes of people. According to life scale assessment, 35% people were slightly dissatisfied and only 1% of them are extremely satisfied during this situation. It means that maximum of the people allows their living condition to be in the less satisfied range during this pandemic situation. Besides, hospital accessibility has been analyzed among the lockdown wards and it is observed that ward no.-24 whose has good accessibility with 292 m distance from the locality but poor condition has been observed in ward no.-17. To attenuate these ill socioeconomic conditions, initiatives of inclusive cooperation of different stakeholders should be taken spontaneously. Journal of Engineering Science 11(2), 2020, 117-126

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Section: Introductionmentioning

confidence: 99%

The Impact of COVID-19 on Socio Economic Condition of City People: Lessons From the Selected KCC Area

et al. 2020

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“…Much of the current literature on the present health crisis pays particular attention to the implications of the Covid-19 pandemic. Dineri and Çütçü (2020) studied the impact of new cases and new deaths from Covid-19 on the exchange rate in Turkey. They showed a correlation between these variables.…”

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Covid-19 Dynamics on SCDS Spreads in Selected CEE Countries

Czech¹

2022

ERSJ

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Purpose:The paper fits into the current of research of the use of SCDS spreads as a country credit risk assessment tool. The main objective of the study is to investigate the impact of the Covid-19 pandemic on the level of credit risk, measured by SCDS spreads in selected CEE countries. The study hypothesized that Covid-19 dynamics in Hungary, Poland, Russia and Slovakia moderately contributed to the assessment of country credit risk, measured by SCDS spreads. Design/Methodology/Approach: The study uses source literature analysis and quantitative research: time series analysis and multiple linear regression analysis. The time series analysis made it possible to study the dynamics and directions of changes in SCDS spreads and Covid-19. Linear regression analysis was used to investigate the correlation between SCDS spreads and the Covid-19 pandemic. Findings: The results of the research confirmed the hypothesis. Studies have shown that the strength of the correlation between SCDS spreads and Covid-19 factors (such as cases, deaths, tests or Covid-19 vaccinations) is weak.Practical Implications: The article will define the determinants of the impact of the pandemic on the credit risk assessment of selected CEE countries. These determinants include the number of test, deaths, as well as the rate of Covid-19 spread and the level of restrictions. This study will contribute to a better understanding of the credit risk assessments of selected CEE countries in health crisis context Originality/Value: Based on the analysis of the literature, a research gap was identified in terms of the impact of Covid-19 pandemic on the assessment of credit risk of selected CEE countries. This study will contribute to the knowledge on the correlation between SCDS spreads of these countries and pandemic indicator. The study also contributes to the discussion on the use of SCDS spreads to assessment credit risk during crises.

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“…The impact of the present global pandemic COVID-19 on the exchange rates in Papua New Guinea was difficult to assess since the country has been experiencing a lack of US Dollars since 2016 (Odhuno, 2020). Using time-series data analysis, Dineri et al (2020) investigated the correlation between the number of COVID-19 cases and fatalities and the exchange rate. After conducting the cointegration test, they identified no significant relationship between new cases, deaths, and exchange rates.…”

Section: Literature Reviewmentioning

confidence: 99%

“…After conducting the cointegration test, they identified no significant relationship between new cases, deaths, and exchange rates. According to Dineri & Çütçü (2020), the reason for the increase in the exchange rate in Turkey was mainly due to the negative consequences of the country's economic uncertainty during the pandemic. Indonesia has experienced a decrease in exports and an increase in imports during the pandemic period, which has caused a decrease in foreign exchange reserves.…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of COVID-19 on US dollar exchange rate in Sri Lanka: A time series analysis

Karunathilaka

Dharmadasa

Kumarasinghe

et al. 2021

KDU J. Multidisc. Stud.

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The exchange rate is considered a key financial variable that affects the decisions of exporters, importers, investors, bankers, tourists, and policymakers in developed and developing countries. Exchange rate fluctuations determine the international reserves, international investment portfolios, the competitiveness of exports and imports, and the costs incurred by tourists. Understanding the behaviour of exchange rates is important for developed and developing countries to formulate and modify economic policies. Therefore, this research studies the influence of COVID-19 on the USD sell exchange rate in Sri Lanka using a time series analysis. The study was conducted using daily exchange rates from

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The COVID-19 Process and the Exchange Rate Relation: An Application on Turkey

Cited by 10 publications

References 7 publications

The Impact of COVID-19 on Socio Economic Condition of City People: Lessons From the Selected KCC Area

The Impact of COVID-19 on Socio Economic Condition of City People: Lessons From the Selected KCC Area

The Impact of Covid-19 Dynamics on SCDS Spreads in Selected CEE Countries

Impact of COVID-19 on US dollar exchange rate in Sri Lanka: A time series analysis

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