Central bank intervention and exchange rate behaviour : empirical evidence for India

This paper examines the causal relationship between central bank intervention and exchange returns in India. Using monthly data from December 1997 to December 2011, the empirical results derived from the CCF approach of Cheung and Ng (1996) suggest that there is causality-in-variance from exchange rate returns to central bank intervention, but not vice versa. These findings are robust in the sense that they hold in cases where the returns were measured from either the spot rate or the forward rate. Therefore, the results of this paper suggest that the Indian central bank has intervened in the foreign exchange market to respond to exchange rate volatility, although the volatility has not been influenced by central bank intervention in the form of net purchases of foreign currency in the market.

Inter-American Development Bank act amendment : hearings before the Committee on Foreign Relations, United States Senate, Eighty-ninth Congress, first session on S.805, to amend the Inter-American Development Bank act to authorize the United States to participate in an increase in the resources of the fund for special operations of the Inter-American Development Bank. February 5 and 8, 1965.

Mode of access: Internet.

Inter-American Development Bank loans to Guatemala : hearing before the Subcommittee on International Development Institutions and Finance of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-seventh Congress, first session, December 8, 1981.

Item 1013-A, 1013-B (microfiche)

To provide additional funds for the Inter-American Development Bank. Hearings, Ninety-first Congress, second session, on H.R. 18236 ... June 30; and July 1, 1970.

Mode of access: Internet.

Inter-American Development Bank loan to Guatemala : hearing before the Subcommittee on International Development Institutions of the Committee on Banking, Finance, and Urban Affairs, Ninety-seventh Congress, second session, August 5, 1982.

Item 1013-A, 1013-B (microfiche)

To lower interest rates on farm mortgages : hearing before a subcommittee ... Seventy-fourth Congress, second session on S. 4090, a bill to amend the farm credit act of 1935, to provide lower interest rates on federal land bank loans, and for other purposes; S. 4157 ... April 29, 1936.

Mode of access: Internet.

Leading edge forecasting techniques for exchange rate prediction

This paper describes how modern machine learning techniques can be used in conjunction with statistical methods to forecast short term movements in exchange rates, producing models suitable for use in trading. It compares the results achieved by two different techniques, and shows how they can be used in a complementary fashion. The paper draws on experience of both inter- and intra-day forecasting taken from earlier studies conducted by Logica and Chemical Bank Quantitative Research and Trading (QRT) group's experience in developing trading models.