International Finance TY BMS Gold Standard Systems Prof. Dipak Abhyankar 9820321404
Apex Bms Notes - International Finance
description
Transcript of Apex Bms Notes - International Finance
www. apexbms.net Mobile. 98900 75900
International Finance Class Test Forex Quotations I30 Marks 1 Hour
Q.1 Explain the following Concepts: 10 Marks (2 Marks each)
(i) Nostro and Vostro Accounts (ii) Money Changers (iii) Vehicle Currency
(iv) Arbitrage (v) CHIPS
Q. 2 (a) Explain the structure of Global foreign exchange market 5 Marks
(b) USD EUR 0.6825 / 50 Spot 1 – month 40 / 80
USD ZAR 7.6820 / 900 Spot 1 – month 200 / 150
Calculate EUR ZAR 1 – month Outright Rate 5 Marks
Q. 3 (a) CitiBank: USD CAD 1.0425 / 1.0475 5 Marks
Scotia Bank: CAD USD 0.9510 / 0.9530
Calculate Arbitrage, if Any
(b) Spot USD INR 48 5 Marks
6 – m USD INR 47
(i) Calculate % forward margin.
(ii) Which currency is at discount?
(iii) Which Currency is strengthening?
Apex BMS Classes