Weike Hai, Nelson Mark, and Yangru Wu, "Understanding Spot and Forward Exchange Rate Regressions", Journal of Applied Econometrics, Vol. 12, No. 6, 1997, pp. 715-734. There are two files, hmw-set1.dat and hmw-set3.dat, which are zipped in the file hmw-data.zip. The files are in DOS format. hmw-set1 contains monthly spot and one-month forward exchange rates, in $/foreign currency, for the UK Pound, France Franc, and Japanese Yen, for 1973:3 to 1992:8 (234 observations). Source: Harris Bank, all end-of-month closing bid rates. Each row contains the month, the year, the spot rates for Pound, Franc, and Yen, and then the forward rates for the same three currencies. The first five columns of hmw-set3.dat are identical to those of hmw-set1.dat, but the last three columns contain three-month forward rates. Yangru Wu Department of Economics West Virginia University Morgantown, WV 26506-6025 E-Mail: wu@wvube1.be.wvu.edu