Can purchasing power parity help predict short-term movements in exchange rates?

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Money Banking and Financial Markets

ISBN: 978-0078021749

4th edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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Question Posted: Oct 02, 2014 07:59 AM

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Can purchasing power parity help predict short-term movements in exchange rates?

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Purchasing power parity doesnt hold on a daytoday basis or even on a month to month ...View the full answer

Money Banking and Financial Markets

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