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我叫仙人涨 · 2019年11月17日

问一道题:NO.PZ2018091706000062

问题如下:

 Assume that the DM country has what is considered a low-yield safe haven currency while the EM country has a high-yield currency whose value is more exposed to fluctuations in the global economic growth rate. An increase in safe haven demand would most likely

选项:

A.

increase the risk premium demanded by international investors to hold assets denominated in the EM currency 

B.

raise the return earned on carry trade strategies 

C.

exert upward pressure on the value of the EM currency  

解释:

During times of intense risk aversion, investors will crowd into the safe haven currency. This tendency implies an increased risk premium demanded by investors to hold the EM currency.

解析:在风险厌恶上升的时期,投资者会涌向避险货币。这一趋势意味着,投资者持有新兴市场货币所需的风险溢价上升。因此只有A正确。  

请问这个题目和FX carry trade有什么关系?


FX carry trade是去高收益的国家投资,所以就是从DM借钱,去EM投资,

然后EM风险高了,所以EM就需要raise risk premium来留住投资者, 所以B选项是对的呀,raise return strategy?

1 个答案

源_品职助教 · 2019年11月17日

嗨,从没放弃的小努力你好:


这道题其实和FX不一定有关系啊。因为题目并没有明确提及投资者从DM借钱去投资EM

B选项说法不一定正确。因为FX策略里需要考虑汇率变动关系,题目中没有提及,所以无法判断。


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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!


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