xxxi, 592 pages : illustrations, color portrait ; 25 cm
Contents
An overview -- The foreign exchange market -- The balance of payments and effective exchange rate -- Exchange rate determination and related issues -- The international monetary system and exchange rate arrangements -- Currency futures and swaps -- Currency options -- The Eurocurrency market and international banking -- Purchasing power parity -- Covered interest parity -- Market efficiency, uncovered interest parity and real interest parity -- Exchange rate forecasting -- Foreign exchange risk and exposure -- Foreign exchange risk management -- International short-term financing and investment -- International long-term financing -- International long-term portfolio investment -- Foreign direct investment and international capital budgeting -- International finance reference guide
Summary
Provides an up-to-date, comprehensively rewritten second edition overview of global financial markets and institutions from an Australian perspective. Author from La Trobe University, Victoria