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Foreign exchange market an introduction

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Foreign Exchange Market: An Introduction Download free books at... AP Faure Foreign Exchange Market: An Introduction Download free eBooks at bookboon.com... Foreign Exchange Market: An

Trang 1

Foreign Exchange Market: An Introduction

Download free books at

Trang 2

AP Faure

Foreign Exchange Market:

An Introduction

Download free eBooks at bookboon.com

Trang 3

Foreign Exchange Market: An Introduction

1st edition

© 2013 Quoin Institute (Pty) Limited & bookboon.com

ISBN 978-87-403-0590-6

Download free eBooks at bookboon.com

Trang 4

Foreign Exchange Market:

An Introduction

4

Contents

Contents

1.2 he foreign exchange market in a nutshell 8

1.3 Organisational structure of the forex market 11

1.5 Foreign exchange and bank deposits 14

1.6 International spot rate quotation conventions 17

1.10 Foreign exchange risk: appreciation and depreciation 27

1.11 Spot and derivative forex markets 30

1.12 Why exchange rates are important 31

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Foreign Exchange Market:

An Introduction

5

Contents

2 Derivatives: forwards 34

2.6 Outright forward foreign exchange contracts: functions and pricing 46

2.7 Forward exchange market 56

3 Derivatives: futures, options & swaps 59

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