Diniz-Maganini, Natalia; Rasheed, Abdul M. A.; Sheng, … - In: Latin American journal of central banking : LAJCB 4 (2023) 1, pp. 1-10
In this paper, we analyze BRICS countries' long-term exchange rate market efficiency. Our analysis, using multifractal … improves, but not immediately. All the BRICS countries show improvements in market efficiency over the 13-year period of our …