Value-at-risk for the USD/ZAR exchange rate: The variance-gamma model

© University of Pretoria. All rights reserved. A country’s level of exchange risk is closely linked to its financial stability, on a macro-economic scale. South African exchange rates, in particular, have a significant impact on imports, inflation, consumer prices and monetary policies. Consequently...

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Bibliographic Details
Main Authors: Kemda, L., Huang, Karl, Chinhamu, K.
Format: Journal Article
Published: University of Pretoria 2015
Online Access:http://hdl.handle.net/20.500.11937/67035