TAILIEUCHUNG - Encyclopedic Dictionary of International Finance and Banking Phần 3

Tương tự để chuyển tiếp các hợp đồng ngoại trừ việc họ được chuẩn hóa và giao dịch trên các trao đổi tổ chức và các lợi ích và thiệt hại trên hợp đồng được giải quyết mỗi ngày. | 58 CURRENCY INDEXES are similar to forward contracts except that they are standardized and traded on the organized exchanges and the gains and losses on the contracts are settled each day. See also FOREIGN CURRENCY FUTURES FOREIGN CURRENCY FUTURES FORWARD CONTRACTS. CURRENCY INDEXES Currency indexes are economic indicators that attempt to measure foreign currencies. Two popular currency indexes are Federal Reserve Trade-Weighted Dollar The index reflects the currency units of more than 50 of the . purchase principal trading index measures the currencies of ten foreign countries the United Kingdom Germany Japan Italy Canada France Sweden Switzerland Belgium and the Netherlands. The index is weighted by each currency s base exchange rate and then averaged on a geometric basis. This weighting process indicates relative significance in overseas markets. The base year was 1973. The index is published by the Federal Reserve System and is found in its Federal Reserve Bulletin or at various Federal Reserve Internet sites such as http economy. The MNC should examine the trend in this index to determine foreign exchange risk exposure associated with its investment portfolio and financial positions. Also the Federal Reserve trade-weighted dollar is the basis for commodity futures on the New York Cotton Exchange. . Morgan Dollar Index The index measures the value of currency units versus dollars. The index is a weighted-average of 19 currencies including those of France Italy United Kingdom Germany Canada and Japan. The weighting is based on the relative significance of the currencies in world markets. The base of 100 was established for 1980 through 1982. The index highlights the impact of foreign currency units in . dollar terms. The MNC can see the effect of foreign currency conversion on . dollar investment. See also BRITISH POUND DEUTSCHE MARK YEN. CURRENCY OPTION Foreign currency options are financial contracts that give

• Tiếng Anh phổ thông
• Tài liệu nước ngoài
• Tài liệu ngoại ngữ
• Kiến thức ngoại ngữ
• Tài liệu tiếng Anh
• Architecture Knowledge