International trade creates a need for duyong buying,selling or borrowing foreign currencies. This book describes the buying.sellng, depositing, borrowing and lending of foreig currency. It begins by exchange markrts are structured and proceeds to examine spot transactions and forward exchange contracts. Finally it explains swaps transaction and short-dated forward transaction.
It is full of practical guidelines on how these transactions are made.
Text upated by Brian Coyle.
Other related Currency risk Management titles
Currency Futures
Currency Options
Currency Swaps
Hedging Currency Exposures
Introduction to Currency Risk
1. Introduction to the Foreign exchange Markets
2. How FX Markets are Structured
3. Spot Transactions
4. Making a Spot Transaction
5. Practical Guidelines for Spot Transactions
6. Forward Exchange Contracts
7. Closeouts and Extensions
8. Swap Trensactions and Short-dated Forward Transactions
9. Making a Forward Transaction
10. Practical Gutdelines for Forward Transactions