Description
For Nmims Assignments Contact
[email protected]
+91 95030-94040
International Banking & Foreign Exchange Management
1. Amit has completed his MBA and joined Telta Ltd. The company was planning to start exporting its goods to other countries. Amit’s manager wanted him to prepare a short report on the steps involved in payment to be done through Letter of Credit by the importer. Also he wanted Amit to comment on Revocable and Irrevocable Letter of Credit and suggest which one would be better in terms of safety for Telta Ltd. Justify your reasons. (10 Marks)
2. Neha had four new members recently joining her team. She wanted to make her team understand that financial markets have become closely interlinked which means that a dealer of any particular desk should be well-informed about other related financial markets as well. Help her to prepare a report for the new members on the reasons for the treasury division to integrate various operations- foreign exchange, money market and securities market operations. Also comment whether risk free arbitrage opportunities can be exploited or not through integrated treasury operations. (10 Marks)
3. Shikha was working in the forex department of a bank after completing her postgraduation. She was made aware by her manager that the merchant buying and selling rates are calculated differently and derived with the help of the rates prevalent in the inter-bank markets. She was asked by her manager to prepare a report on how the rates are determined in the case of:
a. Market’s Selling Rate (5 Marks)
b. Market’s Buying Rate (5 Marks)
For Nmims Assignments Contact
[email protected]
+91 95030-94040
doc_973716514.doc
For Nmims Assignments Contact
[email protected]
+91 95030-94040
International Banking & Foreign Exchange Management
1. Amit has completed his MBA and joined Telta Ltd. The company was planning to start exporting its goods to other countries. Amit’s manager wanted him to prepare a short report on the steps involved in payment to be done through Letter of Credit by the importer. Also he wanted Amit to comment on Revocable and Irrevocable Letter of Credit and suggest which one would be better in terms of safety for Telta Ltd. Justify your reasons. (10 Marks)
2. Neha had four new members recently joining her team. She wanted to make her team understand that financial markets have become closely interlinked which means that a dealer of any particular desk should be well-informed about other related financial markets as well. Help her to prepare a report for the new members on the reasons for the treasury division to integrate various operations- foreign exchange, money market and securities market operations. Also comment whether risk free arbitrage opportunities can be exploited or not through integrated treasury operations. (10 Marks)
3. Shikha was working in the forex department of a bank after completing her postgraduation. She was made aware by her manager that the merchant buying and selling rates are calculated differently and derived with the help of the rates prevalent in the inter-bank markets. She was asked by her manager to prepare a report on how the rates are determined in the case of:
a. Market’s Selling Rate (5 Marks)
b. Market’s Buying Rate (5 Marks)
For Nmims Assignments Contact
[email protected]
+91 95030-94040
doc_973716514.doc