ECW2721 - Trade finance and foreign exchange

Leader(s): Dr Siang Ng (Peninsula); Dr Muthi Samudram (Malaysia)

Offered

Gippsland First semester 2009 (Off-campus)
Sunway Second semester 2009 (Day)
Singapore First semester 2009 (Off-campus)
Peninsula First semester 2009 (Day)

Synopsis

The importance of international finance; foreign exchange markets -- spot, forward, futures and options markets; the determination of exchange rates; purchasing power parity and interest rate parity; hedging and speculating in foreign exchange markets, Eurodollars and Euro-currencies; aspects of short term and long term financing; operating exposure.

Assessment

Within semester assessment: 30%
Examination (2 hours): 70%

Contact hours

3 hours per week

Prerequisites

ECW1101

Prohibitions

ECW3121, ECF2721