The book also serves as a valuable supplement for courses on economics, business, and international finance at the upper-undergraduate and graduate levels. "This book is remarkable.
This book written by leading academics and practitioners in the field brings together cutting edge research on exchange rate regime and monetary union issues.
We compare the dollar peg to a dollar-euro basket peg as alternative exchange rate regimes for the incipient Gulf Cooperation Council (GCC) currency union.
Some central banks have maintained overvalued official exchange rates, while unable to ensure that supply of foreign exchange meets legitimate demand for current account transactions at that price.
... exchange rate has been within a specified range. The usual payoff is an ... USD FX Rate Settlement Date Maturity Date Option Premium Option Type Option ... Official Spot exchange rate as determined by the Bank of Mexico as appearing on ...
... exchange rate has been within the range . For a typical contract this proportion would be = Number of days in range / Number of days in period . A sample term sheet is given below : 6 Month In - Out Range Accrual Option in MXN / USD FX Rate ...
This book provides a comprehensive survey of the theory of and empirical evidence on the determination and effects of exchange rates. The exposition utilizes both diagrammatic and mathematical representations of the underlying models.