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 ...

Foreign exchange risk exposure refers to the sensitivity of a firm's cash flows and market valuation to fluctuations in currency exchange rates. With increasing globalisation, companies are challenged ...

Foreign exchange is the largest and most liquid financial market, with nearly $10 trillion changing hands daily. It’s the underpinning for global trade and finance—and its structure is changing as ...

“What I find most heartbreaking and strange lately is the story about the M2 growth rate,” said Bank of Korea Governor Rhee Chang-yong during a press briefing on the 15th following this year’s first ...

In a major step toward reforming the country’s foreign exchange (FX) market, the Central Bank of Nigeria (CBN) last week launched the Nigeria Foreign Exchange Code (FX Code). This new framework is ...

Amid consistently high geopolitical tensions, a shifting interest rate environment in developed and developing economies, and the increasing threat of tariffs impacting global trade, one thing is sure ...