This article investigates the exchange rate volatility spillover and dynamic conditional correlation between the euro and the South African rand following the Eurozone sovereign debt crisis. It employs two multivariate generalized autoregressive conditional heteroskedasticity (MGARCH) models. namely bivariate BEKK-GARCH (1. 1) a nd DCC-GARCH(1. https://www.jmannino.com/special-deal-A-Magazine-Curated-By-Sacai-quick-pick/