Question

Some forecasters believe that foreign exchange markets for the major floating currencies are “efficient” and forward exchange rates are unbiased predictors of future spot exchange rates. What is meant by “unbiased predictor” in terms of how the forward rate performs in estimating future spot exchange rates?


$1.99
Sales0
Views45
Comments0
  • CreatedOctober 13, 2015
  • Files Included
Post your question
5000