Description
The purpose of this paper is to provide a different context for considering issues of financial
stability and instability, with reference to economic growth and price stability in particular
Journal of Financial Economic Policy
Financial and economic stability as ‘two sides of a...
Description
There has been significant interest in the classification of exchange rate regimes in order
to investigate a wide range of hypotheses. Studies of the effects of exchange rate regimes on crises and
other aspects of economic performance can have important implications for policy...
Description
Exchange rate regime decisively impacts key policy objectives such as financial stability,
inflation control, etc. The purpose of this paper is to overview the evolution of exchange rate regimes
spanning 12 nations in the Latin American region over the last two decades and estimate...
Description
The purpose of this study is to analyze the relationship between country risk, stock prices
and the exchange rate of the renminbi (RMB) compared to that of the US dollar.
Journal of Financial Economic Policy
Country risk, stock prices, and the exchange rate of the renminbi
Muhammad...
Description
Tourism is a service sector which earns a substantial foreign exchange to developing countries. In Jordan, Aqaba is one of the important destinations for the international tourists with its unique nature beauty with underwater life, Arabic culture and heritage, mountains of Wadi Rum...
Description
It is a common refrain in business today that the international strength of the Canadian dollar, best illustrated by parity with the U.S. dollar today after flirting with 60-cent territory a decade ago, is a competitive disadvantage to a trading nation such as ours. It is clearly not...
Description
Financial markets is driven by underlying commercial needs. Companies, banks and individuals borrow money because they need to finance their activities.
doc_133475726.pdf
Description
The foreign exchange (FX) market is the largest and most liquid sector of the global economy. According to the 2004 Triennial Survey conducted by the Bank for International Settlements, FX turnover averages $1.9 trillion per day in the cash exchange market and an additional $1.2...
Description
In response to the global financial crisis, there has been much discussion globally about how the infrastructure and risk management practices in financial markets can be improved to ensure they are more resilient.
The Integration of the Financial Services Industry:
Where are the...
Description
The objectives of this policy are to ensure that foreign exchange risks are effectively identified, assessed, monitored and managed by departments and agencies, and that the strategies adopted by departments or public sector agencies are consistent with the overall objectives of the...
Description
Foreign exchange (FX) settlement risk is the risk of loss when a bank in a foreign exchange transaction pays the currency it sold but does not receive the currency it bought. FX settlement failures can arise from counterparty default, operational problems, market liquidity...
Description
CME Group’s Exchanges have offered options exercisable for currency futures dating back to 1982. Like the Exchange’s family of currency futures products, these options may be used as an effective and efficient tool to manage currency or FX risks in an uncertain world.
doc_296250325.pdf
Description
This Study on Foreign Exchange Derivatives
BIS Papers
No 62
Financial sector regulation for
growth, equity and stability
Proceedings of a conference organised by the
BIS and CAFRAL in Mumbai,
15–16 November 2011
Monetary and Economic Department
January...
Description
Foreign exchange (FX) is a risk factor that is often overlooked by small and medium-sized enterprises (SMEs) that wish to enter, grow, and succeed in the global marketplace.
25
TRADE FINANCE GUIDE
Chapter 12
Foreign Exchange Risk
Management
F
oreign exchange (FX) is a risk...
Description
When a foreign customer or distributor is invoiced in their home currency, and there is any delay between contract and payment (e.g. net 60 terms). • Present in all common forms of payment: Letters of Credit, Documentary Collection or Open Accounts (except cash in advance).
Currency...
Description
In the last two decades, globalization, interlinkages of the capital markets, gradual eradication of capital inflow barriers and the implementation of more flexible exchange rate mechanism in developed as well as transition economies, created a systematic interdependency between and...
Description
The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. The main participants in this market are the larger international banks.
doc_621921774.pdf
Description
The foreign exchange market works through financial institutions, and it operates on several levels. Behind the scenes banks turn to a smaller number of financial firms known as “dealers,” who are actively involved in large quantities of foreign exchange trading. Most foreign...
Description
The foreign exchange market works through financial institutions, and it operates on several levels. Behind the scenes banks turn to a smaller number of financial firms known as “dealers,” who are actively involved in large quantities of foreign exchange trading.
Technical Analysis...