Pretorius, Marinda; Botha, Ilsé - In: The African Finance Journal 12 (2010) 2, pp. 50-71
The real exchange rate of South Africa can be forecasted using the direct or the indirect methods of forecasting. This article compares the forecasting results of direct and indirect forecasting of the real exchange rate by using two univariate models and a multivariate model. The direct models...