Details

Technical Note

Educator Copy

Exchange Rates (A) - Technical Note

Naheed Kirmani


INDUSTRY : Financial Instruments

AREA : Business Government/International Economy

ORGANIZATION : N/A

LENGTH : 11

LUMS No : 16-128-88-2

PUBLICATION YEAR : 1988

DESCRIPTION

KEYWORDS:

Exchange Rates,Business Governement,International Economy,Sitara Chemicals,Limited,Financial Instruments


DESCRIPTION:

The purpose of this session is to familiarize students with: (i) the basic operation of the spot and forward foreign exchange markets including the concepts of buying consistency of cross rates and exchange rate and interest rate arbitrage; and (ii) the concept of exchange risk and exchange rate fluctuations, including hedging and speculation. The note also describes Pakistan’s exchange cover facilities.


LEARNING OBJECTIVES:

N/A


SUBJECTS COVERED:

Business Government, International Economy