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Understanding the Foreign Exchange Markets: A Case Study on Foreign Exchange Markets in India - Softcover
This Book is on foreign exchange market.” Foreign exchange” refers to money denominated in the currency of another nation or group of nations. Any person who exchanges money denominated in his own nation’s currency for money denominated in another nation’s currency acquires foreign exchange. Foreign exchange market is a place where foreign exchanges are traded i.e. one currency is exchanged for another. Foreign Exchange market is the largest financial market in the world. From 1997 to the end of 2000, daily trading volume from Forex trading has surged from 5 billion to 1.5 trillion dollars. Now, daily turnover of over $3.2 trillion. The two main conclusions are as follows. First, the Euro is likely to become a major currency in the world. It may even challenge the dollar as the other major international currency, creating significant welfare gains. Second, during the transition to becoming a (or the) major international currency, the Euro is likely to appreciate.
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About the Author:
Dr. Pawan Kumar Avadhanam, Asst. Professor (Finance), Institute of Public Enterprise,Osmania Unversity,Hyderabad,India. Mr. Prashant is working with State Bank of India, Mumbai,India. Jayaditya Korada is currently working for Deloitte as an Analyst. He has done his MBA(Finance)from Institute of Public Enterprise, Osmania Unversity,Hyderabad,India.
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- PublisherLAP LAMBERT Academic Publishing
- Publication date2012
- ISBN 10 3848420791
- ISBN 13 9783848420797
- BindingPaperback
- Number of pages108
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Understanding the Foreign Exchange Markets: A Case Study on Foreign Exchange Markets in India
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Book Description Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -This Book is on foreign exchange market. Foreign exchange refers to money denominated in the currency of another nation or group of nations. Any person who exchanges money denominated in his own nation s currency for money denominated in another nation s currency acquires foreign exchange. Foreign exchange market is a place where foreign exchanges are traded i.e. one currency is exchanged for another. Foreign Exchange market is the largest financial market in the world. From 1997 to the end of 2000, daily trading volume from Forex trading has surged from 5 billion to 1.5 trillion dollars. Now, daily turnover of over $3.2 trillion. The two main conclusions are as follows. First, the Euro is likely to become a major currency in the world. It may even challenge the dollar as the other major international currency, creating significant welfare gains. Second, during the transition to becoming a (or the) major international currency, the Euro is likely to appreciate. 108 pp. Englisch. Seller Inventory # 9783848420797
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Understanding the Foreign Exchange Markets : A Case Study on Foreign Exchange Markets in India
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Book Description Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - This Book is on foreign exchange market. Foreign exchange refers to money denominated in the currency of another nation or group of nations. Any person who exchanges money denominated in his own nation s currency for money denominated in another nation s currency acquires foreign exchange. Foreign exchange market is a place where foreign exchanges are traded i.e. one currency is exchanged for another. Foreign Exchange market is the largest financial market in the world. From 1997 to the end of 2000, daily trading volume from Forex trading has surged from 5 billion to 1.5 trillion dollars. Now, daily turnover of over $3.2 trillion. The two main conclusions are as follows. First, the Euro is likely to become a major currency in the world. It may even challenge the dollar as the other major international currency, creating significant welfare gains. Second, during the transition to becoming a (or the) major international currency, the Euro is likely to appreciate. Seller Inventory # 9783848420797
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Understanding the Foreign Exchange Markets A Case Study on Foreign Exchange Markets in India
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Book Description Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Kumar Avadhanam PawanDr. Pawan Kumar Avadhanam, Asst. Professor (Finance), Institute of Public Enterprise,Osmania Unversity,Hyderabad,India. Mr. Prashant is working with State Bank of India, Mumbai,India. Jayaditya Korada is currentl. Seller Inventory # 5520940
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