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Richard Nkrumah

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Open access Jul 2026

NUMERICAL SIMULATION OF FX RATES IN AN   HESTON STOCHASTIC CORRELATION MODEL

This paper proposes an enhanced approach to modeling and forecasting FX rates. One of the daunting problems in international mathematical finance is the weakness of existing theories to comprehensively model FX rates especially in periods of crisis. In this paper, we develop a new model that incorporates a stochastic v...

O. Antwi, Issah Abdul Matinu, R. K. Ansah et al. · 0 citations

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