Browsing by Author "Nkabinde, S'phephelo"
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- ItemOpen AccessThe Effect of Foreign Exchange Accumulation on Macroeconomic Stability in Post-Liberalized South Africa(2020) Nkabinde, S'phephelo; Gossel, SeanThis study examines the impact of foreign exchange reserve accumulation on macroeconomic stability in South Africa over the period 1995-2016 using a vector error correction model. The results show that foreign exchange reserve accumulation has a positive impact on macroeconomic stability.