Exchange rate quoted for delivery and payment on a specified future date.
A rise in the price of a country’s currency in terms of foreign currency, and its economic implications.
A currency trading strategy aimed at profiting from the interest rate differential between two currencies.
Exploration of the concept of Covered Interest Parity and its relevance in Economics and Finance.
A decrease in the value of one currency in terms of other currencies.
A detailed examination of the concept of currency swap in economics.
A system regulating the conversion of national currency into foreign currencies subject to official permission or approval.
A UK government account at the Bank of England for managing gold and foreign exchange reserves and IMF special drawing rights.
A comprehensive exploration of the term 'Foreign Exchange,' its definition, significance, contexts in economics, and relevant analytical frameworks.
Comprehensive overview of foreign exchange markets, encapsulating key concepts, historical context, major analytical frameworks, comparative analysis, and suggested readings.
Liquid assets held by a country's government or central bank for the purpose of intervening in the foreign exchange market.
Understanding the forward exchange market
Action by central banks or other monetary authorities to influence an exchange rate.
The ability of traders to bring forward or defer the timing of transactions.
A type of currency system influenced by governmental interventions in foreign exchange markets to stabilize or alter currency values.
A system under which a country’s exchange rate is not pegged, but the monetary authorities manage it through market interventions and macroeconomic policies.
Understanding Market Forces and Their Impact on Economics
A system in which a country’s currency has more than one exchange rate depending on various factors such as the holder of the currency or the purpose of use.
An arrangement by two or more countries to pool their foreign exchange reserves, aiming to facilitate trade while reducing the total reserves held individually.
A currency used as foreign exchange reserves by other countries.
An agreement by a group of countries to closely manage exchange rates within a flexible rate system.
A group of countries, mainly in the Commonwealth, which linked their currencies to sterling and held their foreign exchange reserves in London.
A rise in the price of one currency in terms of others due to increased demand.
An overview of unsterilized intervention in the foreign exchange markets in economics.
An economic term denoting a currency widely used in international trade transactions between countries that do not use that currency domestically.
