Discover how MIFOR, the Mumbai Interbank Forward Offer Rate, influenced Indian banking with forward agreements and ...

Learn how overshooting impacts exchange rate volatility and why Dornbusch’s model is pivotal in explaining the short-term departure from price equilibrium.

The fluctuation of foreign exchange rates between your home currency and another where you have exposure can affect your financial performance. Some investment professionals encourage using foreign ...

We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...