Discover how MIFOR, the Mumbai Interbank Forward Offer Rate, influenced Indian banking with forward agreements and ...
If you ever traveled abroad, odds are you had to exchange currency. Yet, even if you planned that trip for months, odds are you didn’t prepare for this exchange immediately but simply accepted that ...
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 ...
The government announced on the 18th a "Flexible Adjustment Plan for Foreign Exchange Soundness System," which includes easing limits on forward exchange positions for domestic subsidiaries of foreign ...
One-month forward Gilt rates peaked at 6.16% this week, compared to 6.25% the previous week. The 2-year/10-year United Kingdom Gilt spread closed the week at 0.304%, compared to 0.316% one week prior.
This paper estimates, for the first time, the exchange rate elasticity of bilateral trade in services, providing indirect evidence of both producer currency pricing and dominant currency pricing in ...