An introduction to foreign exchange \u0026 money markets pdf

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Tags: money, markets, introduction, foreign, exchange

This is the tenth lecture in the "International Finance" series in which is I discuss the foreign exchange markets. An introduction to foreign exchange \u0026 money markets pdf. What are they, why do they exist, how large are these markets and why are they getting larger? These are all questions I address and I further discuss four types of exchange rate markets including the spot, forward, futures and options markets. The reason for this topic is that in the next lecture we will be using these markets as a way to manage exchange rate risk in the short term. Hence an understanding of this lecture is important before proceeding to lecture 11 on foreign exchange hedging.

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