Opoku-Afari, M., Morrissey, O., Lloyd, T. and University of Nottingham (2004) Real Exchange Rate Response to Capital Inflows: A Dynamic Analysis for Ghana Centre for Research in Economic Development and International Trade. University of Nottingham, Nottingham.

has been cited by the following article:

• TITLE: The Impact of Remittance on the Real Exchange Rate in Ghana

  AUTHORS: Emmanuel Nketiah, Mavis Adjei, Bekoe Bernard Boamah, Gibbson Adu-Gyamfi

  KEYWORDS: Remittance, Real Exchange Rate, Capital Flows

  JOURNAL NAME: Open Journal of Business and Management, Vol.7 No.4, September 30, 2019

  ABSTRACT: This study examined the impact of remittance on the real exchange rate on Ghana economic performance. The study extracted and used secondary data sources derived from the World Development Indicators (WDI) of the World Bank and Bank of Ghana websites over the period 1970-2016. Trade openness, government public debt, remittance, terms of trade, capital flow were used as independent variable and real exchange rate as the dependent variable. Using the Ordinary Least Squares (OLS) estimator, the study established that government public debt, trade openness and capital flow had significant impact on real exchange rate in Ghana. The study also established that remittance and terms of trade have no significant impact on real exchange rate. The analysis further suggests that, in the long run, a change in the real exchange rate is generally related to movement in economic fundamentals.