Along with the model he has also added few chapters related to applicability of the exchange rate forecast to corporate and banks in order to manage their foreign exchange risks.
In addition to the contents in the First edition, second edition contains how to build a model using Exponential Smoothing and Moving average method and regression from the data obtained from Exponential Smoothing and Moving average method apart from Mathematical model.
This book throws light on various factors/determinants that have a direct or indirect connection with the currency exchange rate. Additionally, factors such as interest rate, growth rate, and inflation have been explained in detail with appropriate examples and graphical representations, providing a clear picture of the whole scenario on how these factors influence the currency exchange, both positively and negatively.
Through this book:Along with the model he has also added few chapters related to applicability of the exchange rate forecast to corporate and banks in order to manage their foreign exchange risks.
In addition to the contents in the First edition, second edition contains how to build a model using Exponential Smoothing and Moving average method and regression from the data obtained from Exponential Smoothing and Moving average method apart from Mathematical model.
This book throws light on various factors/determinants that have a direct or indirect connection with the currency exchange rate. Additionally, factors such as interest rate, growth rate, and inflation have been explained in detail with appropriate examples and graphical representations, providing a clear picture of the whole scenario on how these factors influence the currency exchange, both positively and negatively.
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