Bridge over ocean
1 April 1993 Research Foundation

Active Currency Management

  1. Murali Ramaswami
Active Currency Management View the full book (PDF)

The system of floating exchange rates has increased uncertainty in the foreign exchange network. This monograph concludes that the currency markets are largely "efficient" but that significant nonlinear dependencies in current returns can point to profitable trading strategies.

We’re using cookies, but you can turn them off in Privacy Settings.  Otherwise, you are agreeing to our use of cookies.  Accepting cookies does not mean that we are collecting personal data. Learn more in our Privacy Policy.