The Effect of Covid-19 on BIST-100 and Exchange Rates Influencing Businesses

Autor:	Mehmet Islamoglu, Fatih Kayhan, Muhammed Ali Yetgin
Rok vydání:	2021
Předmět:	Social Coronavirus disease 2019 (COVID-19) BIST 100 Euro Pandemy US Dollar General Earth and Planetary Sciences Business Covid-19 Pandemy BIST 100 Euro US Dollar Covid-19 Sosyal Industrial organization General Environmental Science
Zdroj:	Volume: 9, Issue: 2 411-419 Anemon Muş Alparslan Üniversitesi Sosyal Bilimler Dergisi
ISSN:	2149-4622
DOI:	10.18506/anemon.771791
Popis:	anemon Covid-19, appearing first in City of Wuhan in People's Republic of China in December 2019, infected all continents, regions and countries in a very short period. Covid-19 influenced the humanity in terms of health, economic and social aspects. The effect of Covid-19 on the economy is studied in this research. Businesses are considered as one of the most important actors of the country's economy. Investments in stocks, stock exchange and exchange rates determine the activities of businesses. The effects of Covid-19 pandemic on exchange rates (USD/TL and EURO/TL) and BIST-100 are examined in this study. E-views 9.0 statistical program is used in this research. Phillips-Perron unit root test and multiple regression tests are employed in the analyses. The study concludes by suggesting that Covid-19 daily number of cases and number of patients that recover the pandemic have significant effect on USD/TRY, EUR/TRY and BIST-100, which are leading economic and financial indicators as far as Turkey is concerned. Covid-19, appearing first in City of Wuhan in People's Republic of China in December 2019, infected all continents, regions and countries in a very short period. Covid-19 influenced the humanity in terms of health, economic and social aspects. The effect of Covid-19 on the economy is studied in this research. Businesses are considered as one of the most important actors of the country's economy. Investments in stocks, stock exchange and exchange rates determine the activities of businesses. The effects of Covid-19 pandemic on exchange rates (USD/TL and EURO/TL) and BIST-100 are examined in this study. E-views 9.0 statistical program is used in this research. Phillips-Perron unit root test and multiple regression tests are employed in the analyses. The study concludes by suggesting that Covid-19 daily number of cases and number of patients that recover the pandemic have significant effect on USD/TRY, EUR/TRY and BIST-100, which are leading economic and financial indicators as far as Turkey is concerned. 771791
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::46a4a5e996caf22ab5e7c8dfd060bcef https://doi.org/10.18506/anemon.771791 Zobrazit plný text záznamu