जर्नल ऑफ़ स्टॉक एंड फॉरेक्स ट्रेडिंग
खुला एक्सेस

अमूर्त

Application of the Nash Nonlinear Grey Bernoulli Model for Forecasting Foreign Exchange Rate of Taiwans Top Two Trading Partners

Chun-I Chen and Pei-Han Hsin

The precise prediction of foreign exchange rate is very important for international traders and investors. This study adopts nonlinear grey Bernoulli model (NGBM) and Nash NGBM (NNGBM) to predict the currency exchange rate of Taiwan’s two top trading partners, America and China. The simulation results show that Taiwan’s currency will appreciate against USD and CNY from the fourth quarter of 2015 to the second quarter of 2016. The conclusions can act as reference for international traders and investors.