IBS HYDERABAD BANKING MANAGEMENT PROJECT ON: CURRENCY FLUCTUATIONS & ITS IMPLICATIONS ON INDIAN BANKS SUBMITTED BY: PIYUSH SULTANIA 11BSPHH010580 IBS HYDERABAD Table of Contents INTRODUCTION: WHAT IS CURRENCY ..................................................................................................... 3 REASONS FOR FLUCTUATION .................................................................................................................. 3 IMPACT OF RECESSSION IN INDIAN ECONOMY
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COURSEWORK TITLE: INTERNATIONAL STRATEGY OF THE VODAFONE GROUP PLC Contents page 1. Introduction 2.Company Background 3.Evaluation of the internal and external environment of the company 4.Analyse the motivation of the company for international expansion 5.Analyze the reasons for operating in a particular region or country 6.Evaluate its market entry strategy in a particularly region or a country 7.Conclusion/recommendation 8.Bibliography 9.Appendix 1. Introduction
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Carry Trades and Currency Crashes Markus K. Brunnermeier‚ Princeton University‚ NBER‚ and CEPR Stefan Nagel‚ Stanford University and NBER Lasse H. Pedersen‚ New York University‚ NBER‚ and CEPR I. Introduction This paper studies crash risk of currencies for funding‐constrained speculators in an attempt to shed new light on the major currency puzzles. Our starting point is the currency carry trade‚ which consists of selling low interest rate currencies—“funding currencies”—and investing in
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Change Management Report on Vodafone Introduction Vodafone Group is a British multinational company and is currently the second world’s largest mobile telecommunication. In March 2014‚ Vodafone had 434 million subscribers worldwide. The company‚ nowadays‚ operates in 21 countries all over Europe‚ Asia- Pacific‚ Middle East‚ United States and Africa. Plus‚ Vodafone has another more 40 networks in other countries (Vodafone‚ 2014). Vodafone has the power to keep going growing with an attractive
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Foreign Currency Management Exchange Rate This is the rate at which the currency of one country would change hands with currency of another country. E.g. $1 = SLR 130 Types of Exchange Rate 1. Floating Rate This rate depends on a levels of the international trade of a country and it does not interfere with the government of that country. 2. Fixed Rate This is the rate that the government of the country would set its own currency rate and it is not depending on the market rate. 3. Dirty
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contrast foreign currency futures and options. Identify situations where you may choose one or the other. When Barings Bank‚ the oldest merchant bank in London‚ collapsed in 1995 after one of the bank’s employees lost £827 million due to speculative investing‚ primarily in futures contracts‚ it illustrated the extreme danger and volatility of derivatives. Options and futures can be used to eliminate‚ reduce‚ hedge and manage risk‚ but can also be highly speculative. Foreign currency futures are
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CHAPTER 7: CURRENCY FUTURES AND OPTION MARKETS 7.1 FUTURE CONTRACTS 7.1.1 Definition of future contract–> contracts written requiring a standard quantity of an available currency at a fixed exchange rate and at a set delivery date. A future contract is defined as a contractual agreement to buy or sell an asset at a pre-determined price in the future. The contracts detail the quality and quantity of the underlying asset. Background of currency futures in 1972: Chicago Mercantile Exchange
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CHAPTER 14 INTEREST RATE AND CURRENCY SWAPS SUGGESTED ANSWERS AND SOLUTIONS TO END-OF-CHAPTER QUESTIONS AND PROBLEMS QUESTIONS 1. Describe the difference between a swap broker and a swap dealer. Answer: A swap broker arranges a swap between two counterparties for a fee without taking a risk position in the swap. A swap dealer is a market maker of swaps and assumes a risk position in matching opposite sides of a swap and in assuring that each counterparty fulfills its contractual obligation
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Write an essay on the forward Currency Exchange Market explaining in detail why such a market exists and how it operates; its dealers its buyers‚ the purposes for which the foreign currency is used. In your answer refer to the forward and futures market instruments explaining how the current exchange rates are affected by movements in these market prices. Use a website to collect information on the forward rate between the US $ and the Euro. Explain what factors have influenced their movement over
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Currency Conversion Test Procedure Display Menu Test Cases Test Case 1: Valid Selection = Canadian Dollars Inputs: Menu Selection = 1 Expected Outputs: “Do you want to continue with the conversion: Y = Yes‚ N = No” Currency Type = 1 Test Case 2: Invalid Selection = Russian Rubels Inputs: Menu Selection = > 5 Expected Outputs: “Invalid menu selection‚ please pick a different selection.” Test Case 3: Quit = N Inputs: Quit = N Expected Outputs: “Do you want to continue
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