The impact of exchange rate on manufacturing industry in Czech Republic

Bachelor thesis evaluates the development of exchange rate of the Czech crown with the respect to the euro and its impact on manufacturing industry of the Czech Republic. The main methods used in this thesis are correlation matrix and coefficient of elasticity of time series exchange rate and manufacturing production or turnover from export of manufactured goods. The work also includes a case study, where the findings are applied on given manufacturing factory. The operational aim is the determination of possible protection against exchange rate volatility, so called hedging