Designed to break down the mystique which has surrounded the subject of foreign exchange for so long. The book explains in terms that can easily be understood, how the system works and the benefits that can be derived from it and is aimed at exporters, importers, purchasing managers and students.
Designed to break down the mystique which has surrounded the subject of foreign exchange for so long. The book explains in terms that can easily be understood, how the system works and the benefits that can be derived from it and is aimed at exporters, importers, purchasing managers and students.
A background to foreign exchange; the Euro currency market; premiums and discounts; spot rates of exchange; selling and buying currencies; calculating premiums and discounts; exercises; what is a forward rate?; monitoring Euro currency interest rates; extending a forward contract; currency options; financial futures; European current units; borrowing currencies; offsetting imports with exports; marketing and sales; pricing; purchasing; care studies; the treasury function; strategic considerations; buying from UK importing agents.
A background to foreign exchange; the Euro currency market; premiums and discounts; spot rates of exchange; selling and buying currencies; calculating premiums and discounts; exercises; what is a forward rate?; monitoring Euro currency interest rates; extending a forward contract; currency options; financial futures; European current units; borrowing currencies; offsetting imports with exports; marketing and sales; pricing; purchasing; care studies; the treasury function; strategic considerations; buying from UK importing agents.
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