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and empirically. Using monthly nominal exchange rate data for the study period 2000-2014, the author introduced GARCH …
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methods. The effects of several model characteristics(unit roots, GARCH, stochastic volatility, heavy tailed …
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methods. The effects ofseveral modelcharacteristics (unit roots, GARCH, stochastic volatility, heavy taileddisturbance … returns maylead to improved hedge behaviour within currency overlay management. …
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High fluctuation of exchange rate in short horizon is obviously making economic activity more risky as uncertainty rises. As it is not good for the economy, then there should be a systematic and measured policy to mitigate the foreign exchange fluctuations and to minimize the fluctuations, as...
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