Name of the variable

Symbol

Proxy used

Crude Oil Prices

WTI

West Texas Intermediate crude oil rates

United States Dollar

USD

Brazilian Real

BRL

Indonesian Rupiah

IDR

Malaysian Rupee

MYR

Pakistan Rupee

PKR

South Korean Won

KRW

Brazil Stock Market

BOVESPA

Bolsa de Valores do Estado de São Paulo

Indonesia Stock Market

JKSE

Jakarta Stock Exchange

Malaysia Stock Market

KLCI

Kuala Lumpur Composite Index

Pakistan Stock Market

KSE

Karachi Stock Exchange

South Korea Stock Market

KOSPI

Korea Stock Exchange Composite Index