Abstract
This paper examines the sources of real exchange rate fluctuations in Sudan using Structure Vector Autoregressive technique, over the period 1979–2010. The analysis has focused on the impact of three macroeconomics shocks on fluctuations of real exchange rate, namely, supply, real demand and nominal shocks. The result shows that the real demand shocks play a significant role in explaining the variations in real exchange rate. This implies that the real demand factors such as, government spending and money supply are the major sources of depreciation of real exchange rate. By contrast, supply shocks and nominal shocks have small impact of real exchange rate.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
