The exchange rate of a nation's currency is one of the most important determinants of its state of economic health. Find out ...
A Nigerian-Canadian woman has taken to the social media platform X to express deep concern after checking the recent exchange rate between CAD and the naira.
We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...