Pricing of European Currency Options with Uncertain Exchange Rate and Stochastic Interest Rates

<div>European call currency option price <svg height="11.8174pt" id="M248" style="vertical-align:-3.1815pt" version="1.1" viewbox="-0.0498162 -8.6359 14.9396 11.8174" width="14.9396pt" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"><g transform="matrix(.013,0,0,-0.013,0,0)"><path d="M645 631C614 643 545 666 457 666C215 666 23 519 23 283C23 90 158 -16 337 -16C412 -16 489 2 522 10C543 39 590 127 606 167L580 181C519 89 459 18 348 18C201 18 122 136 122 287C122 464 244 632 435 632C544 632 602 595 608 472L639 475C643 526 645 581 645 631Z"></path></g><g transform="matrix(.0091,0,0,-0.0091,8.619,3.132)"><path d="M615 650H141L132 618C223 612 227 607 212 526L136 123C122 42 112 38 27 32L18 0H522C539 33 580 135 592 166L558 179C536 139 512 100 486 75C454 48 420 41 345 41C287 41 252 42 237 55C221 68 220 100 231 158L261 316H357C455 316 455 309 455 235H489L529 437H494C468 366 460 360 369 360H269L305 565C315 609 316 611 357 611H450C525 611 535 599 548 578C559 556 561 526 560 482L595 486L615 650Z"></path></g></svg> under model (<a href="https://static.hindawi.com/articles/ddns/volume-2019/2548592/figures/#EEq7">10</a>).</div>

Discrete Dynamics in Nature and Society

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Figure 2

Figure 2: Pricing of European Currency Options with Uncertain Exchange Rate and Stochastic Interest Rates 