This key book assesses the international role of the euro, discusses its impact on global financial markets, shifting global exchange rate relationships and their implications.
This collection distils the views of one of the world’s leading scholars in global currency, and will be of considerable interest to students and scholars of international finance and international political economy.
... USD over the next year? A GBP, CHF, EUR B CHF, GBP, EUR C EUR, CHF, GBP Solution to 1: C is correct: CHF USD CHF EUR = EUR × USD = 1.3960 × 0.9585 = 1.3381 Solution to 2: A is correct: = 0.8808 GBP EUR = EUR USD × USD GBP ...
... EUR and USD, while in general there were analysed 7 currencies: EUR, USD, GBP, CHF, CAD, AUD, JPY [5], [8]. The rebalancing of the portfolio, i. e. the selection of an optimal portfolio, is carried out step by step. The scheme of every ...
... EUR purchased can be invested at the EUR interest rate of 5%, resulting in a holding of 1.05 units of EUR at the end of the year. To sum up, at the end of the first year we will have EUR 1.05 asset and a USD 1.4245 liability. This ...
