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 ...

Investors would not be to blame for detesting the international sleeve of their portfolios over the past decade. Coming out of the global financial crisis in 2009, the U.S. equity market has easily ...

This paper estimates, for the first time, the exchange rate elasticity of bilateral trade in services, providing indirect evidence of both producer currency pricing and dominant currency pricing in ...

The gas-exchange rate between streams and the atmosphere is needed to measure in-stream ecological processes and C processing in rivers and streams. Current methods include empirical relationships to ...

Penny Pryor has more than two decades experience writing, reporting and editing financial services publications. She has contributed to, and edited, the Money Section of the Sun Herald and The Sunday ...

An $8 billion IMF rescue package and a $35 billion UAE-engineered investment deal end Egypt’s foreign currency shortage. In early March, Egypt’s central bank hiked interest rates by 600 basis points, ...