Assagaf, Aminullah and Zilal Hamzah, Muhammad (2915) FOREIGN EXCHANGE IN ASEAN: PREDICTION OF FUTURE SPOT RATE. In: The International Conference on Entrepreneurship, Business and Social Sciences (ICEBSS), August 13-14, 2015, Inna Garuda Hotel, Yogyakarta, Indonesia.
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Abstract
The purpose of this research is to analyze the effect of Spot Rate and Forward Rate affects Future Spot Rate at foreign exchange market in Asean. The variables used in this study are spot, forward and future spot. This research used data from Bank Indonesia for spot rate in the period of January-March 2013 and future spot rate in the period of April-June 2013. The Forward rate is from www.forexpros.com in the period of January-March 2013. Based on the result of Regression Estimation applied in hypothesis on foreign currencies exchange which done simultaneously are proven able to predict future spot. The investor and international economic actor could use spot exchange rate and forward exchange rate as a short terms predictor for the next trimester in 2013. Keyword : spot rate, forward rate, future spot and market efficient
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HJ Public Finance |
| Depositing User: | Dwi Cahyono |
| Date Deposited: | 11 Feb 2016 07:53 |
| Last Modified: | 11 Feb 2016 07:53 |
| URI: | http://repository.unitomo.ac.id/id/eprint/22 |
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