Details

Case

Educator Copy

The Foreign Exchange Bearer Certificates

Naim Sipra, Shazia Imtiaz


INDUSTRY : Financial Instruments

AREA : Finance

ORGANIZATION : Foreign Exchange

LENGTH : 7

LUMS No : 02-546-96-1

PUBLICATION YEAR : 1996

DESCRIPTION

KEYWORDS:

Foreign Exchange,Bearer Certificates,Finance,Financial Instruments,Lahore Stock Exchange,Broker Dealing,Trading Strategy,Opportunities


DESCRIPTION:

This case introduces students to a financial instrument that has drastically altered the foreign exchange control situation in Pakistan. The case can be used to examine some wider foreign exchange policy and control issues. It can also make an interesting lead in a discussion about parallel currency markets. Teaching Purpose: This case can also be used to teach Standard Purchasing Power Parity and Interest Rate Parity issues.


LEARNING OBJECTIVES:


SUBJECTS COVERED:

Finance