2 | 2 hour 30 mins | English | 150
Currency forecasting using Monte Carlo Simulationsa) Getting Datab) Model fitting aka deciding the Distributionsc) Finding Parameters of Distributiond) Random Number Generation
There can be various techniques of forecasting Exchange rates like Interest Rate Parity (IRP), Purchasing Power Parity (PPP), Simulations & Time series . This session covers Simulations as a technique.
No prior knowledge required to watch this video but its advised to practice along with the session using the excel sheets given in the below download link.
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