Documente Academic
Documente Profesional
Documente Cultură
Content
2. The Foreign Exchange Market: Organization of Forex market, its participants; Spot
market: spot quotations (Direct and Indirect), transaction cost, currency arbitrage,
mechanism of spot transaction; Forward Market: Participants, forward quotation,
cross rates and Relationship between spot and forward rate, foreign exchange
market in India.
4. Parity Conditions in International Finance: Arbitrage and law of one price, PPP,
IRP, Forward rates and Future spot rate parity, The Fisher Effect and The
International Fisher Effect