Foreign Exchange Market: Graph
14:49
YouTubeDepartment of Economics
Foreign Exchange Market: Graph
This clip develops a diagram for the foreign exchange market based on a simple no-arbitrage condition. The two axes show current exchange rate versus home currency returns of the two financial investments. The home currency return to home currency asset is independent of the exchange rate, whereas the home currency return to foreign currency ...
14.5K viewsFeb 7, 2012
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