23011-FOREIGN EXCHANGE MANAGEMENT
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About Course
- Certificate Course On
FOREIGN EXCHANGE MANAGEMENT
MODULE -1 FOREIGN EXCHANGE MARKET (10 HOURS)
Introduction – foreign exchange market –meaning –players and functions -foreign trade and
foreign exchange-–foreign exchange rate –purchasing power parity theory –balance of
payment theory –fixed and flexible exchange rates.
MODULE -2 FOREIGN EXCHANGE DEPARTMENT OF A BANK (6 HOURS)
Organisation and functions –corresponding banking – foreign currency Accounts -nostro,
Vostro, and Loro accounts.
MODULE -3 EXCHANGE ARITHMETIC: (14 HOURS)
Ready exchange rates-merchant transactions –purchase and sale transactions –exchange
quotations –basis for merchant rates –exchange margin –fineness of quotation –principal
types of buying rates-TT Buying Rate (TT stands for Telegraphic Transfer )Bill Buying
Rate-Principal types of selling rates –TT Selling rate –bills selling rate .
Course Content
MODULE -1 FOREIGN EXCHANGE MARKET
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Foreign Exchange Market
00:00 -
Balance of Payment Theory
00:00 -
Participants in the foreign exchange market
00:00 -
Purchasing Power Parity Theory -Introduction
00:00 -
Types of purchasing Power Parity Theory -Relative Version
00:00 -
Types of Foreign Currency Accounts
00:00 -
Functions of foreign exchange market
00:00 -
TEST -1