FOREIGN PORTFOLIO INVESTMENT, RETURNS, EXCHANGE RATE AND INFLATION FOR ZIMBABWE: A GRANGER CAUSALITY AND EGARCH APPROACH

This paper analyses the causal relationship between Foreign Portfolio Investment (FPI), Equities Market Volatility, Exchange Rate and Inflation in Zimbabwe using a monthly time series data between October 2018 and November 2021.The granger causality model was used to present the link between the variables, and EGARCH was used to account for volatil