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The impact of sovereign split ratings between global credit rating agencies on foreign exchange market

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10.10.2023

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The behaviour of foreign exchange market in reaction to split sovereign ratings, which is hardly mentioned on recent studies, is a topic of concern, especially in the post-crisis period. We analyse difference of opinion in sovereign credit ratings and their influence on currency market. The first question relates to the response of exchange rates to sovereign credit rating changes.
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The impact of sovereign split ratings between global credit rating agencies on foreign exchange market

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