Scribd Logo
Upload

Welcome to Scribd!

  • MGN578 International Environment and Management Unit IV - L 11

    Uploaded by

    Ashish kumar Thapa
    5 views14 pages
    This document discusses foreign currency exchange and the global foreign exchange market. It aims to teach students about foreign currency, how currency is exchanged, and how countries can gain advantages through currency trade. The key points covered include the definition of foreign exchange as the conversion of one currency to another, how currency is traded in both over-the-counter and exchange-based markets, common forex instruments like spots, forwards, swaps and options, and key terms used in foreign exchange trading like bid rates, offer rates, base and term currencies.

    Original Description:

    Original Title

    L13

    Copyright

    © © All Rights Reserved

    Available Formats

    PPT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document discusses foreign currency exchange and the global foreign exchange market. It aims to teach students about foreign currency, how currency is exchanged, and how countries can gain advantages through currency trade. The key points covered include the definition of foreign exchange as the conversion of one currency to another, how currency is traded in both over-the-counter and exchange-based markets, common forex instruments like spots, forwards, swaps and options, and key terms used in foreign exchange trading like bid rates, offer rates, base and term currencies.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    5 views14 pages

    MGN578 International Environment and Management Unit IV - L 11

    Uploaded by

    Ashish kumar Thapa
    This document discusses foreign currency exchange and the global foreign exchange market. It aims to teach students about foreign currency, how currency is exchanged, and how countries can gain advantages through currency trade. The key points covered include the definition of foreign exchange as the conversion of one currency to another, how currency is traded in both over-the-counter and exchange-based markets, common forex instruments like spots, forwards, swaps and options, and key terms used in foreign exchange trading like bid rates, offer rates, base and term currencies.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as ppt, pdf, or txt
    of 14

    MGN578

    International Environment
    and Management

    Unit IV– L 11

    Vishwas Gupta

    Assistant Professor , Mittal School of Business


    Towards Engaged Teaching
    Learning Outcome
    Student will learn
    to understand about foreign currency and exchange

    to analyze and understand facts and figure of Forex

    to evaluate and analyze how a country gets advantage by currecncy


    Trade

    Towards Engaged Teaching


    Foreign Exchange

     Conversion of one currency into other


     Bank - deals in forex of FX
     FX Market
     Forms
     Cash, Debit or Credit Card, Travelers Checks,
    Bank Deposit etc
     Exchange Rate

    Towards Engaged Teaching


    FX Market

     BIS (Bank for International Settlement)


     Basel (Switzerland)
     60 member central banks
     Reporting dealer
     Other financial institutions
     Non-financial institutions

    Towards Engaged Teaching


    How to Trade?

     Trading
     e-Trading
     Customer Direct
     InterBank Direct
     Voice Broker
     Segments
     OTC (Banks)
     Exchange Traded Market

    Towards Engaged Teaching


    Global OTC Instruements

     Spot Transactions
     Spot Rate
     Outright Forward Transactions
     Future Date
     FX Swap
     Currency Swaps
     Options
     Future Contract
    Towards Engaged Teaching
    FX Market

    Towards Engaged Teaching


    FX Market

    Towards Engaged Teaching


    Global Foreign Exchange

    Towards Engaged Teaching


    Key Foreign Exchange Terms

     Bid
     Offer
     Spread
     American terms or Direct quote
     European terms or Indirect quote

    Towards Engaged Teaching


    Process

     Spot Market
     Bid Rate
     Offer Rate
     Base currency
     Term currency

    Towards Engaged Teaching


    Foreign Exchange Trading
    Process

    Towards Engaged Teaching


    Towards Engaged Teaching

    You might also like