Journal of Applied Sciences1812-56541812-5662Asian Network for Scientific Information10.3923/jas.2014.531.536AlizadehHossein Nezakati NassirAnnuar Md. Abou MasoudiSayed Yousef Sheikh 62014146In this study the empirical evidence of International Fisher
Effect is investigated among ASEAN member countries and assuming Malaysia as
the home country. In general the results of this study indicated that exchange
rates movements do not follow the International Fisher Effect theory and nominal
interest rate differentials cannot completely offset the currency value changes
among ASEAN countries in the long run except the fact that this theory is partially
held in Malaysia-Indonesia case for the surveyed period.]]>Adler, M. and B. Dumas,198338925984Adler, M. and B. Lehmann,19833814711487Aliber, R.Z. and C.P. Stickney,1975504457BIS,20112011Cheung, Y.W., H.G. Fung, K.S. Lai and W.C. Lo,199514179189Cumby, R.E. and M. Obstfeld,198136697703Intal Jr, P.,20102010Grenville, S.,20122012Hakkio, C.S.,1986713343Hill, C.W.L.,20045 Edn.,Pages: 720Pages: 720Kane, E. and L. Rosenthal,1982197100Khalwaty, T.,20001st Edn.,Madura, J. and E. Nosari,1984154853Thomas, L.R.,1985126569EC. Europa.eu,20102010Coppock, L. and M. Poitras,20009181192Madura, J.,201211th Edn.,