Les déterminants du taux de change et son évolution entre l’euro et le dollar
Journal: North African Review of Economics and Management (Vol.2, No. 1)Publication Date: 2015-06-30
Authors : Nacer-Eddine MOUFFOK;
Page : 05-30
Keywords : exchange rate; interest rate; purchasing power parity; Euro area; United States .;
Abstract
Exchange rates have a reputation of being particularly volatile and unpredictable variables in financial circles. Research on the fluctuations and the determination of exchange rates remain concerned many economists. The foreign exchange market remains a puzzle where theoretical explanations and models follow each other without ever really imposing . The euro-dollar exchange rate is a good example of this difficulty because of its strong variations and unpredictable game.
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