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Title Details:
Exchange Rates and Interest Rates
Authors: Koutentakis, Fragkiskos
Koukouritakis, Minos
Reviewer: Papadopoulos, Athanasios
Subject: LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS > GENERAL AGGREGATIVE MODELS
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS >
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS > MONETARY POLICY, CENTRAL BANKING, AND THE SUPPLY OF MONEY AND CREDIT
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS > MACROECONOMIC POLICY, MACROECONOMIC ASPECTS OF PUBLIC FINANCE, AND GENERAL OUTLOOK
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > INTERNATIONAL ECONOMICS > INTERNATIONAL FINANCE
Description:
Abstract:
The second chapter describes the covered interest-rate parity condition and the way that investors can hedge against the exchange-rate risk using the forward exchange-rate market. Deviations from the above condition are also examined. Furthermore, it investigates the expectations’ formation regarding the exchange rates, as well as the uncovered interest-rate parity condition. Finally, the role of exchange-rate risk is described.
Type: Chapter
Creation Date: 10-11-2015
Item Details:
License: Attribution – NonCommercial – NoDerivatives 4.0 International (CC BY-NC-ND 4.0)
Handle http://hdl.handle.net/11419/294
Bibliographic Reference: Koutentakis, F., & Koukouritakis, M. (2015). Exchange Rates and Interest Rates [Chapter]. In Koutentakis, F., & Koukouritakis, M. 2015. International Macroeconomics [Undergraduate textbook]. Kallipos, Open Academic Editions. https://hdl.handle.net/11419/294
Language: Greek
Is Part of: International Macroeconomics
Publication Origin: Kallipos, Open Academic Editions