August 2016
Intermediate to advanced
304 pages
10h 8m
English
book
Handbook of Frontier Markets
by Panagiotis Andrikopoulos, Greg N. Gregoriou, Vasileios Kallinterakis
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Chapter 5
Effects of Interest Rates and Exchange Rates on Bank Stock Returns
E. Katsikas*
S. Brahma**
Abstract
This research attempts to investigate the effects of changes in interest rates (IR) and foreign exchange rates (FX) on bank stock returns (BSR) in the context of Kenya. Further, it will investigate the effects of actual interest and exchange rates on bank stock returns. In addition, this study explores the impact of the 2007–08 election violence in Kenya on these relationships. Both short- and long-term interest ...
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