The last few decades have been witness to a far greater degree of globalisation. There has been a leap in world trade and cross-border finance, and a sharp rise in the currency exposures of Indian businesses, even as exchange rates have become more volatile. For business managers, it has become more necessary than ever to understand the functioning of currency markets and instruments, especially derivatives used for hedging.
The author brings his expertise and rich experience of several decades in this field, in the book "Cash and Derivatives Markets in Foreign Exchange" to provide the reader with an understanding of the functioning of currency markets and its instruments.
A companion volume to his book Currency Exposures and Derivatives: Risk, Hedging, Speculation and Accounting-A Corporate Treasurer's Handbook, this book is divided into two parts, covering:
Domestic and global cash markets in foreign exchange, overview of global financial markets, and exchange rate movements.
Domestic and global derivatives markets in foreign exchange: forwards and futures, swaps and options
Praise for Cash and Derivatives Markets in Foreign Exchange
Foreword
Preface
List of Tables
List of Graphs
List of Boxes
Section I
Chapter 1 : Foreign Exchange Rates
Chapter 2 : Foreign Exchange Markets
Chapter 3 : Exchange Arithmetic
Chapter 4 : Global Financial Markets : An Overview
Chapter 5 : Exchange Rate Movements and Managing Currency Risks
Section II
Chapter 6 : Markets In Currency Derivatives
Chapter 7 : Futures and FRAs
Chapter 8 : Interest Rate and Currency Swaps the Global Market
Chapter 9 : USD: INR Swaps
Chapter 10 : Option Contracts
Chapter 11 : Pricing and Hedging Options : Basic Principles
Chapter 12 : Credit and Commodity Derivatives
Index
