TAILIEUCHUNG - Lecture Money, banking, and financial markets (3/e): Chapter 10 - Stephen G. Cecchetti, Kermit L. Schoenholtz

Chapter 10 - Foreign exchange. In this chapter we will discuss: How foreign exchange rates are determined; what accounts for their fluctuations over days, months, years, and decade, and the connection of foreign exchange rates and exchange markets. | Chapter Ten 10- Introduction Global business includes goods, services, stocks, bonds, etc. around the globe. To understand the nature of these transactions, we must become familiar with exchange rates. All cross-border transactions have a buyer and a seller that want to use their own currency. The exchange rate, at it most basic level, is the tool we use to measure the price of one currency in terms of another. 10- In this chapter we will discuss: How foreign exchange rates are determined, What accounts for their fluctuations over days, months, years, and decade, and The connection of foreign exchange rates and exchange markets. Introduction 10- Foreign Exchange Basics When you travel to other countries, the providers of the goods and services you buy usually want to be paid in their own currency. In Europe that is easier because most European countries, at least members of the European Monetary Union, all use euros. The price of one euro in dollars is called .

• Ngân hàng - Tín dụng
• Financial markets
• Financial system
• Financial institutions
• Central banks
• Monetary policy
• Foreign exchange
• Lecture Financial markets
• Thị trường tài chính
• Financial futures markets
• Valuation of financial futures
• Interest rate futures
• Lecture Financial markets and institutions
• Financial institutions markets
• Capital markets
• Money markets
• Derivative securities markets
• Futures markets
• Option markets
• Swap markets
• Foreign exchange derivative markets
• Bank management
• Types of Financial Markets
• Securities traded
• Valuation of securities
• Money market yields
• Bond markets
• Municipal bonds
• Mortgage markets
• Primary mortgage market
• Stock markets
• Common stock
• Foreign exchange markets
• Commercial banks
• Financial statements
• Risks at financial institutions
• Market risk
• Exchange rates
• Economics 252
• Efficient markets
• Excess volatility
• Efficient Markets Hypothesis
• Interest rate derivative markets
• Interest rate swaps
• Mortgage backed securities
• Globalization of mortgage markets
• Financial markets and institutions
• The financial system
• Interest rates change
• Financial markets efficient
• Term structure affect interest rates
• The stock market
• The mortgage markets
• The international financial system
• Financial regulation
• Interest rate fundamentals
• Interest rates
• Security valuation