Foreign Exchange Markets: Concepts, Instruments, Risks and Derivatives

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Course

English

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15 h

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Conditions

Self-paced
Free Access
Fee-based Certificate

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5 Sequences
Intermediate Level
Subtitles in Hindi

You can't access an archived course

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Course details

Syllabus

In this course, you will learn:

The structure and functioning of foreign exchange markets
The several macroeconomic factors such as interest rates and inflation that impact foreign exchange rates
How are exchange rates quoted
The concepts governing foreign exchange markets such as Interest rate parity, purchasing power parity, forex reserves, balance of payments and central banks intervention as well as country risk (also known as ‘sovereign risk’ in some countries)
The causes and consequences of foreign exchange risks such as transaction exposure, translation exposure, operating exposure, etc. as well as the tools and techniques to manage those risks
It will also look at derivative products such as currency futures, currency swaps and currency options and their role in not only helping market participants to hedge against foreign exchange risks but also to speculate and make additional profits where possible

Prerequisite

Basic knowledge of statistics, mathematics and familiarity with finance concepts.

Instructors

PC Narayan
Faculty
IIM Bangalore

Editor

Indian Institute of Management Bangalore ( IIM Bangalore or IIMB ) is a public business school and institute of national importance located in Bangalore, India. Founded in 1973, it was the third IIM to be established, after IIM Calcutta and IIM Ahmedabad.

The institute offers postgraduate, doctoral, executive education and certificate programmes.

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