Relationship Between Exchange Rate and Stock Market Performance in Sri Lanka Before the Covid-19 Period

Nawadeniya, S.N.S.N.P.; Gunasekara, H.M.A.L.

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dc.contributor.author	Nawadeniya, S.N.S.N.P.
dc.contributor.author	Gunasekara, H.M.A.L.
dc.date.accessioned	2022-08-10T06:05:56Z
dc.date.available	2022-08-10T06:05:56Z
dc.date.issued	2021
dc.identifier.citation	Nawadeniya S.N.S.N.P.; Gunasekara H.M.A.L., (2021) Relationship Between Exchange Rate and Stock Market Performance in Sri Lanka Before the Covid-19 Period, 10th Students’ Research Symposium, Department of Finance, Faculty of Commerce and Management Studies University of Kelaniya Sri Lanka, Faculty of Graduate Studies - University of Kelaniya, Sri Lanka. 48p.	en_US
dc.identifier.uri	http://repository.kln.ac.lk/handle/123456789/25023
dc.description.abstract	Introduction: This research study examines the Relationship Between Exchange Rate and Stock Market Performance in Sri Lanka Before Covid-19 Period. Design/Methodology/Approach: The sample of the study is ten years of monthly data of All Share Price Index (ASPI) and Exchange Rates. The sample period is from April 2009 to March 2019. Dependent variable is ASPI, and the independent variable is the Exchange Rate (USD). Unit root test, Johansen cointegration test and Granger causality test are used to analyze the data. Findings: According to the results, no long-run relationship between the Exchange Rate and ASPI is found. The Granger Causality Test shows a marginally significant relationship between the ASPI and Exchange Rate. Conclusion: The final result emphasizes that the relationship between Exchange Rate and ASPI is weak.	en_US
dc.publisher	Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka	en_US
dc.subject	Exchange Rate, Stock Price, Cointegration, Sri Lanka, CSE	en_US
dc.title	Relationship Between Exchange Rate and Stock Market Performance in Sri Lanka Before the Covid-19 Period	en_US