(国际金融学英文课件）IF3Foreign Exchange Markets and Foreign Exchange Rates.PPT

Foreign Exchange Markets and Foreign Exchange Rates Chapter objective: examines the functions, actual operation of the FOREX markets including exchange rate and international financial markets. Outline 1.Foreign Exchange Market 2.Foreign Exchange Rates 3.Spot and Forward Rates, Currency Swaps, Futures and Options 4.Foreign Exchange Risks, Hedging, and Speculation 5.Interest Arbitrage 6.Offshore Financial Markets 1. FOREX Market (1)concept (2)Function and Structure (1) concept FOREX market is the market in which individuals ,firms,and banks buy and sell foreign currencies or foreign exc