Suppose that the current exchange rate is 200 yen per
Suppose that the current exchange rate is 200 yen per dollar, the U.S. interest rate is 6%, the Japanese interest rate is 4%, and there is no risk premium. What do you expect the exchange rate to be a year from now?
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official intervention in the foreign exchange market does appear to be a useful policy when overshoots take place in
the new zealand dollar pushed toward us55c yesterday as the greenback was dumped on a surprise us federal reserve
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suppose that the current exchange rate is 200 yen per dollar the us interest rate is 6 the japanese interest rate is 4
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at the moment the market is completely ignoring things like record us trade deficits and the widening curent account
the broader measure m2 however since it encompasses most significant forms of money individuals may hold resolves the
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