Exchange Rate Forecasting: Techniques and Applications

Moosa, I.

Forecasting exchange rates is a variable that preoccupies economists, businesses and governments, being more critical to more people than any other variable. In Exchange Rate Forecasting the author sets out to provide a concise survey of the techniques of forecasting - bringing together the various forecasting methods and applying them to the exchange rate in a highly accessible and readable manner. Highly practical in approach, the book provides an understanding of the techniques of forecasting with an emphasis on its applications and use in business decision-making, such as hedging, speculation, investment, financing and capital budgeting. In addition, the author also considers recent developments in the field, notably neural networks and chaos, again, with easy-to-understand explanations of these "rocket science" areas. The practical approach to forecasting is also reflected in the number of examples that pepper the text, whilst descriptions of some of the software packages that are used in practice to generate forecasts are also provided.

Details

Published by: Palgrave Macmillan

Publication Date: 1999-12-14

Format: Paperback

ISBN-10: 9781349408719

ISBN-13: 9781349408719

DOI: 10.1057/9780230379008

Dimensions: 235cm x155cm

Pages: 424