BLOCK III: RISK OF FOREIGN EXCHANGE

BLOCK III: RISK OF FOREIGN EXCHANGE-

UNIT 9 Economic Exposure risk – Inflating and exchange risk – Meaning- Importance – Implication – Need – Types Scope, Features Management of change.

UNIT 10 Economic consequences of Exchange rate changes – managing economic exposure risk.

UNIT 11 Exchangemanagement in India: Fixed and fling rates – Rupee convertibility – NOSTRO, VOSTRO and LORO Accounts.