Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Understanding Foreign Exchange: Basics. Operations. Management

Understanding Foreign Exchange: Basics. Operations. Management

Khan, Nadir

Paperback

AccountingInvesting & Finance

ISBN13: 9798371121387
Publisher: Independently Published
Published: Dec 26 2022
Pages: 106
Weight: 0.34
Height: 0.22 Width: 6.00 Depth: 9.00
Language: English
Foreign Exchange trading is a lucrative business yet a complex subject. Traders need to understand and master the basic concepts and framework of the international currency market. The purpose of writing Understanding Foreign Exchange is to guide the target audience about the interesting and irreversible revolution brought in the world's financial markets and institutions through innovation, globalization, and deregulations over the last few decades. The book covers various important aspects of foreign exchange, including exchange rates, quotation conventions, and calculation methods. These foundational concepts are explained with the help of illustrative examples, which greatly enhance the reader's comprehension. The author has tried to simplify intricate calculations and explanations are particularly impressive allowing the beginners to grasp the subject matter. The book's strengths are in its thorough exploration of the foreign exchange market. It provides insight into market participants, the structure of the market, and the dynamics that influence exchange rates. This comprehensive coverage would ensure that the reader develops a clear understanding of how the foreign exchange market operates. Foreign exchange instruments and derivatives, including options and futures are explained in a detailed yet accessible manner, highlighting their features, uses, and the markets where they are traded. This section is valuable for traders, investors, and anyone interested in leveraging these instruments for risk management or speculative purposes. The book also dedicates a significant portion to risk management in foreign exchange. The author has explored different techniques and strategies to mitigate foreign exchange risk, providing practical insight those traders, investors, and international bankers can apply in their day-to-day operations. This emphasis on risk management adds immense value to the overall content of the book.

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