Exchange Rate Mechanism

  • 100

Book Description

Exchange rate management is a tool for profit maximization and risk management. In the life of person, who is concerned with the International Trade, the conversion of one currency into another is a matter of daily requirements. He has to keep a continuous and vigilant watch on the time to time world developments and movements of exchange rates. Frequently, he has to negotiate for the favourable exchange rates. The movement in the exchange rates and calculations is a detailed science and it requires a systematic study.

Important Contents:
•    Currency Convertibility
•    Functions of a Forex Treasury of a Commercial Bank
•    International Accounting Arrangements
•    Global Forex Treasury
•    Forex Market in India
•    Floating Exchange Rate
•    Principles for the Exchange Rates
•    Direct Rates / Indirect Rates
•    Factors Affecting Exchange Rates
•    Money Supply
•    Federal Open Market Committee (FOMC)
•    The Exchange Rate Operations
•    Calculation of Exchange Rates
•    Advantages of the Forward Contracts

ISBN – 13 : 978-8193434574

Author Detail

  • Author Name

    Kishor Bhatt


    Mr. Kishor H Bhatt is B. Com. (Hons.), LL.B., C.A.I.I.B. and a Chartered Member of The Chartered ...

    View Profile