Effect of Currency Depreciation on Sovereign Bond Prices in Rwanda
Vicka Gladys IzereKigali UniversityEmail: vickagladysizere@gmail.com Abstract: Thisstudy examinesthe effect of currency depreciation on sovereign bond dirty pricesin Rwanda over 2011Q1–2024Q4 using quarterly time-series data from the National Bank of Rwanda, the RwandaStock Exchange, the IMF, and the World Bank. Despite the persistent depreciation of the Rwandan franc (RWF) against the US dollar (USD) and the…