How often are exchange rates updated? Tracking exchange rates is a good idea for anyone who regularly sends money transfers. When you convert money from one currency to another, the bank or specialist ...

Marshall Hargrave is a stock analyst and writer with 10+ years of experience covering stocks and markets, as well as analyzing and valuing companies. Somer G. Anderson is CPA, doctor of accounting, ...

We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...

This paper estimates, for the first time, the exchange rate elasticity of bilateral trade in services, providing indirect evidence of both producer currency pricing and dominant currency pricing in ...

In the past, when the U.S. Federal Reserve lowered the benchmark interest rate, the won-to-dollar exchange rate would decline. Now, this ‘formula’ no longer works well. The exchange rate is reacting ...