Browsing Theses and Dissertations by Author "054b9c12-c20a-40a2-8455-d7db3a0a6783"
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Effect of Foreign Exchange Exposure on Stock Returns for Non-financial Institutions Listed on the Nairobi Securities Exchange
Sangany, Edward (University of Nairobi, 2015-10)Domestic currency depreciation makes local firms more competitive, leading to an increase in their exports. This in turn raises their stock prices. Forex rate serves as the basic link between the local and the overseas ...