Currency valuation was supposed to explain markets. Instead, it explains economists.
From REER to FEER to BEER, valuation models reveal how theory struggles to keep up with capital flows, geopolitics, and risk sentiment.
Read R. Gurumurthy’s column for BasisPoint 👇
#FXMarkets #CurrencyValuation
From REER to FEER to BEER, valuation models reveal how theory struggles to keep up with capital flows, geopolitics, and risk sentiment.
Read R. Gurumurthy’s column for BasisPoint 👇
#FXMarkets #CurrencyValuation
BasisPointInsight.com - Currency Valuation: From Competitiveness to Coping Mechanisms by R. Gurumurthy
A tour of REER, FEER and BEER shows why currency valuation models often explain discomfort better than they explain exchange rates. by R. Gurumurthy, BasisPointInsight.com
basispointinsight.com
January 28, 2026 at 12:03 PM
Currency valuation was supposed to explain markets. Instead, it explains economists.
From REER to FEER to BEER, valuation models reveal how theory struggles to keep up with capital flows, geopolitics, and risk sentiment.
Read R. Gurumurthy’s column for BasisPoint 👇
#FXMarkets #CurrencyValuation
From REER to FEER to BEER, valuation models reveal how theory struggles to keep up with capital flows, geopolitics, and risk sentiment.
Read R. Gurumurthy’s column for BasisPoint 👇
#FXMarkets #CurrencyValuation