1. Currency Markets ForeignExchange Market- Currencies are bought and sold against each other. MajorCurrencies: USD,GBP,EUR,CHF,JPY,AUD 2. Participants Banks and…
* Multinational Corporate Finance Prof. R.A. Michelfelder * Outline 3 3. Foreign Currency Markets: Spot and Forward Markets 3.1 Organization of the FX Market 3.2 Spot Rates…