BBVA tops global monthly euro-dollar forecast rankingJanuary 28, 2014
BBVA Corporate & Investment Banking has been named by Thomson Reuters as the best forecaster of the twelve-month euro-dollar exchange rate.
BBVA's forecast of 1.30 bettered other 65 entities from around the globe. Moreover,
it is the only Spanish bank ranked in the Top 20. The bank has also been placed fourth among the best at forecasting the six-month euro-dollar exchange rate.
This achievement does not only recognize the accuracy of BBVA's forecasts but also the consistency thereof, since the ranking also takes into account which entities were ranked in the twelve previous surveys.
BBVA's success at forecasting the euro-dollar rate has also been acknowledged by Bloomberg;
topping its ranking between March 2012 and March 2013.