Kumar, Rohit Vishal; Azouzi, Dhekra - In: Romanian Economic Journal 14 (2011) 40, pp. 81-98
Forward Rate Unbiased Hypothesis (FRUH) has been the subject of intensive scrutiny by researchers. Majority of the work has focused on the forward and the spot rate of the currency of a single country. Cross country FRUH comparison has been rare. This paper is an attempt to fill the lacuna by...