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One of the largest financial markets in the world is the “global foreign exchange market” with average daily trades in trillions of dollars. The forex market is the backbone of international trade, global investing and is critical to support imports and exports. The exchange rate is one of...
Persistent link: https://www.econbiz.de/10012944459
One of the world's largest financial markets is the “global foreign exchange market,” with average daily trades in trillions of dollars. The forex market is the backbone of international trade, global investing, and is critical to support imports and exports. The exchange rate is one of the...
Persistent link: https://www.econbiz.de/10013248473
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Since the late 1960s, the rising volatility of financial markets in the US has troubled econometricians and bank managers alike. Both professions have found it increasingly difficult to forecast savings deposit flows. This article explores these challenges by focusing on two developments. First,...
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