Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.
Authors: Brian Kettell
Published by: Centre for Islamic Banking and Finance
Published in: 1999
Length: 17 pages
Data source: Generalised experience

Abstract

This is the second of a three-case series (299-033-1 to 299-035-1). The case series is designed to illustrate how the introduction of the euro has changed the way foreign exchange rates are quoted and interpreted in the foreign exchange market. It is particularly suitable for courses where international financial markets are being studied, where the impact of the euro is being discussed, and where foreign exchange and hedging decisions are being discussed. Case One concentrates on the impact of the euro on the quotation and interpretation of spot exchange rates. Case Two concentrates on the impact of the euro on the quotation and interpretation of forward exchange rates and Case Three highlights where forward exchange rates come from.

About

Abstract

This is the second of a three-case series (299-033-1 to 299-035-1). The case series is designed to illustrate how the introduction of the euro has changed the way foreign exchange rates are quoted and interpreted in the foreign exchange market. It is particularly suitable for courses where international financial markets are being studied, where the impact of the euro is being discussed, and where foreign exchange and hedging decisions are being discussed. Case One concentrates on the impact of the euro on the quotation and interpretation of spot exchange rates. Case Two concentrates on the impact of the euro on the quotation and interpretation of forward exchange rates and Case Three highlights where forward exchange rates come from.

Related