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In this study it is attempted to estimate the amount of speculation in foreign exchange market.
Persistent link: https://www.econbiz.de/10005155219
In this article, we explore the demand for the euro for risk management purposes, and the evidence of stock market integration in the euro area. We define a reserve currency as one that investors demand either because it helps them hedge real interest risk and inflation risk, or because it helps...
Persistent link: https://www.econbiz.de/10008464965