MADDAH, Majid; KALANTARI, Fahimeh Eslami; HAMEDI, Reza - In: Journal of Applied Research in Finance Bi-Annually IV (2012) 1, pp. 43-45
Forecasting exchange rate is very important for monetary policy makers in order to prevent unexpected changes of exchange rate. This paper has used Newton's method for forecasting exchange rate of U.S. dollar/pound (24/03/2003—17/11/2011) in Iranian economy. Comparison of the original trends...