Investigating adaptive behavior in the foreign exchange market: ZAR versus USD and CNY
This study examines the adaptive behavior of South African Rand (ZAR) exchange rate against its major trading partners, the US Dollar (USD) and the Chinese Yuan (CNY) over the period 1999-2020. The study uses a rolling parametric linear variance ratio (VR) test, nonparametric linear runs test, and n...
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| Format: | Article |
| Language: | English |
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LLC "CPC "Business Perspectives"
2021-06-01
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| Series: | Investment Management & Financial Innovations |
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| Online Access: | https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/15246/IMFI_2021_02_Obalade.pdf |