The foreign exchange rate is determined in the free foreign exchange markets by the forces of ‘demand for and supply for foreign money’. To make t....
Exchange rate stability has always been the objective of monetary policy of almost all countries. Except during the period of the Great Depression and....
Exchange rates establish relationships between the different currencies or monetary units of the world.....
Foreign Bills of Exchange: “A bill of exchange is an unconditional order in writing, addressed by one person to another, requesting the person to wh....
A spot foreign exchange transaction is the exchange of one currency for another, at the spot (or today’s) exchange rate. Although the exchange rate ....
Foreign Exchange Market is the framework of individuals, Firms, Banks and Brokers who buy and sell foreign currencies. The foreign exchange market for....
Most countries have their own currencies, and when people in different countries do business with each other, an exchange of currencies must take plac....
The role of financial institution is to provide intermediation between financial and real sector and savers and investors and promote capital formatio....
Balance of payment accountants define direct foreign investment “as any flow of lending to, or purchase of ownership in a foreign enterprise that is....
Foreign Institutional Investment means investment made by foreign institutions such as pension fund, mutual funds, investment trust, Assets Management....
With the globalization of financial market private capital has now been moving around the world in search of highest returns. Capital crosses boarder ....
The uncertainty in the movement of foreign exchange rates has, as explained earlier led to the development of various markets such as the forward mark....
The functions of foreign exchange markets-conversion of currencies, obviously, one currency can be converted into another only if the exchange rate is....
GDRs are traded and settled outside the US. However, the SEC permits the foreign companies to offer their GDRs to certain institutional buyers. The Go....
Investors in many countries have been exhibiting interest in acquiring equity investments outside their countries. Investment in foreign equity is of ....
The last three decades have witnessed a fast growth of international bond market. Corporate sector can raise long-term funds through the issue of Euro....
Prior to 1980 Eurocurrency markets are the only international financial market of any significance. They are offshore markets where financial institut....
The decade of eighties witnessed unprecedented changes in financial markets around the world. The seeds of these changes were however sown in the 1960....