function of a sample of exchange rate forecasters is asymmetric in the forecast error. Using forecasts of the euro …

data of exchange-rate forecasts look rational, and the loss function seems to depend not only on the forecast error. …

squared error ARIMA forecast for rupee/dollar exchange rate and draw a comparison between ARIMA, GARCH-based ARIMA and RBI …

2004 to 2012, we find strong evidence that the forecasts for developing countries are biased at all forecast horizons. For … increases again at the 24-month horizon. Based on the magnitude of the forecast errors and the direction of change, long … forecast horizon …