AFF4210

Currency and exposure management

Mr Michael Vincent

6 points
* 3 hours per week
* First, second semester
* Caulfield

Objectives On completion of this subject students will be able to demonstrate an understanding of fundamental and technical analysis; the effects of political and regulatory influences on foreign exchange movements; types of foreign exchange exposure; the taxation and accounting implication of foreign exposure; performance measurement for foreign exchange exposure; codes of behaviour in foreign exchange dealing.

Synopsis Topics include foreign exchange risk identification and measurement; response to currency risk; operation of foreign exchange transactions; hedging by external methods; foreign exchange management performance measurement; accounting; taxation; offshore markets and sources of information dealing practices.

Assessment Assignment and coursework: 50%
* Examination (3 hours): 50%

Prescribed texts

Gillespie I Readings in currency management (A Eurostudy Special Report) Eurostudy, 1991
Gillespie I Readings in currency in heading strategies (A Eurostudy Special Report) Eurostudy, 1991
Young L P Foreign exchange: Systems and credit controls CCH, 1989