If you are looking for TYBFM Sem 5 Syllabus of Foreign Exchange Market, then your search ends here as we present the main units, chapters and topics covered in each unit.

FOREIGN EXCHANGE MARKET

Unit – I : Introduction to International Financial System & Foreign Exhange Market

• Important terms & concepts

• Foreign Exchange & Euro currency

• Foreign Exchange dealing & quotations

• Foreign Exchange brokers & mechanism of foreign exchange transfers

• CHIPS (Clearing House Interbank Payments Systems), SWIFTS (Society for Worldwide Inter bank Financial Telecommunications).

• Triangular Arbitrage

Unit -II : Exchange Rate Systems

• Gold & Bretton woods systems

• Fixed & Floating exchange rate system

• Adjustable peg system

• Crawsling peg exchange rate system

• Snake in the tunnel system

• Exchange rate mechanism in India

Unit -III : Foreign Exchange Management

• The risks element in foreign exchange markets

• Need & Importance of foreign exchange management

• Methods adopted (spot & forward, arbitrage, cross currency deals, swaps, options & futures)

Unit – IV:  Foreign Exchange Market in India

• Impact of liberalization & globalization in India’s foreign exchange market, Inbound and Outbound Investments

• RBI’s role in directing & controlling foreign exchange market

• The pros & cons of full convertibility of Indian currency

• FEMS & the Indian foreign exchange market

• Indian multinationals & their impact on foreign exchange