The book continues the tradition of providing a blend of sound theoretical knowledge of foreign exchange economics with practical and procedural aspects of banks and other institutions connected with foreign exchange. Each topic is comprehensively dealt with, looking at it from every angle, viz., the conceptual framework, exchange control regulations, rules of FEDAI and the International Chamber of Commerce, and procedures of banks. It presents in a cogent and understandable manner materials that lie scattered. The book is designed to meet the requirements of post-graduate courses in commerce and economics and MBA for papers such as ‘Foreign Exchange’, ‘Foreign Exchange Risk Management’ and ‘International Finance Management’. Practical questions that appeared in professional courses of Chartered Accountants, Cost and Management Accountants and Chartered Secretaries and MBA courses have been included in appropriate chapters with full solutions. To encourage student to attempt on his/her own the solutions are provided after the set of questions and not after each question.
Section A: Framework of Foreign Exchange
- Introduction
- Foreign Exchange Regulations
- Balance of Payments
- International Monetary Systems
- Exchange Rate Determination
- International Monetary Fund
Section B: Foreign Exchange Markets and Deals
- Foreign Exchange Market
- Forward Exchange Deals
- Merchant Rates – Ready
- Merchant Rates – Forward
- Merchant Rates – Cross Currency
- Execution of Forward Contract
- Exchange Management by Banks
Section C: Derivatives and Risk Management
- Currency Derivatives
- Currency Futures
- Currency Options
- Corporate Policy on Exposure and Risk
- Transaction Exposure
- Accounting Foreign Currency Transactions
- Translation Exposure
- Economic Exposure
- Interest Rate Risk
- Financial Swaps
Section D: Foreign Trade Procedures and Documents
- International Trade Procedures
- Letter of Credit
- International Trade Documents
- Bank Finance for Exports
- Section E: External Sources of Funds
- Non-resident Deposits and Investments
- International Financial Markets
- Raising Debt Abroad
- Raising Equity Abroad
- International Financial Institutions
ISBN13:
978-93-5161-160-8
Weight:
930.00
Edition:
17th Revised Edition
Language:
English
Title Code:
828