Description

The unit is concerned with the analytical techniques of international finance and investment. Topics include global flow of funds and international financial markets; foreign exchange markets; interest parity, arbitrage and currency speculation; purchasing power parity, real effective exchange; commodity swaps; short and long-term hedging of foreign currency risks, futures and options in currencies.

Topics

• Global Flows of Funds and International Financial Markets
• Foreign Currency Markets
• Interest Rate Parity, Arbitrage and Swap Transactions
• Effective Exchange Rates and Purchasing Power Parity
• International Markets for Bonds and Notes
• Currency and Commodity Swaps
• Currency Futures
• Foreign Currency Options
• Foreign Currency, Country and Political Risks
• Management of Foreign Currency Risk Exposure
• Value-at-Risk Management
• Models of Exchange Rate Determination
• Forecasting of Exchange Rates