Mustafa Abu El Fadl’s study analyzes ‘how International Monetary Fund news affects emerging-market currencies and stocks before and during COVID-19″ has been accepted to The International Review of Economics & Finance (IREF), journal has impact factor of 4.8 and a citation factor of 7.3, they are significant in financial journals.

An event study and regression of 116 IMF events (2017–2020) reveal a significant but variable impact, influenced by the analysis method, news type (good vs. bad), and cross-market spillovers.

Key Findings

• IMF announcements significantly affect emerging currencies and stocks.
• The effect direction differs between event-study and regression methods.
• Good vs. bad IMF news sparks varied market reactions.
• Cross-market spillovers are more pronounced during COVID-19.

 Impact factor 4.8. cite Factor 7.3. these number in finance journals is significant.

https://www.sciencedirect.com/journal/international-review-of-economics-and-finance