For years, the United Kingdom (UK) has been one of the top export destinations for Mauritius. The Brexit referendum, held in June 2016, not only affected the UK economy but also resulted in several economic repercussions worldwide, including…
Trade openness remains one of the key drivers of exchange rate fluctuations in both the long-run and short-run. The relationship between trade openness and exchange rate has long been explained in many theoretical and empirical studies. Nevertheless…