The Rand as a Carry Trade Target: Risk, Returns and Policy Implications
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- Narayan, Paresh Kumar & Mishra, Sagarika & Narayan, Seema & Thuraisamy, Kannan, 2015. "Is Exchange Rate Trading Profitable?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 38(C), pages 217-229.
More about this item
KeywordsCurrency speculation; carry trade; forward premium; skewness and crash risk; exchange rate instability; capital Â‡ows;
- F31 - International Economics - - International Finance - - - Foreign Exchange
- G15 - Financial Economics - - General Financial Markets - - - International Financial Markets
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-AFR-2011-09-05 (Africa)
- NEP-ALL-2011-09-05 (All new papers)
- NEP-IFN-2011-09-05 (International Finance)
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