Moosa, I. A.; Al-Loughani, N. E. - In: Applied Financial Economics 13 (2003) 2, pp. 79-84
The exchange rate of the Kuwaiti dinar against the Japanese yen is modelled in terms of the activities of fundamentalists and technicians as well as the effect of the exchange rate arrangement. The results show that market forces, as represented by the activities of traders, play a role in the...