arbitrage(国际金融-香港大学,WONGKaFu)

1AnIntroductiontoExchangeRateDeterminationWONGKaFu10thJanuary2000Andarbitrage2HowwouldyouexplainthemovementofJapaneseYen?(source:)3HowwouldyouexplainthemovementofJapaneseYen?(source:)4HowwouldyouexplainthemovementofEuropeanEuros?(source:)5HowwouldyouexplainthemovementofEuropeanEuros?(source:)6Howdoweexplainthemovementofforeignexchange?arbitragePurchasingPowerParityHongKong’sCurrencyBoard...