Modelling of currency exchange rates of Russia and other countries

Abstract

Purpose: Conduct econometric modeling of exchange rates USD / RUB and EUR / USD using the linear regression method. Determination of significant factors that affect exchange rates
Discussion: The modern world economy is subject to sharp fluctuations in exchange rates. The most important factors that determine the behavior of participants in the foreign exchange market are the stability and predictability of the exchange rate. The stability of the exchange rate can be predicted by identifying its variable formers. One of the most effective methods of mathematical tools, allowing determining the significant factors that form the exchange rate, is the linear regression method.
Results: authors built the USD / RUB and EUR / USD models using linear regression.