Download presentation
Presentation is loading. Please wait.
1
CHAPTER 14 Basics of Foreign Exchange Markets
© 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. South-Western/Cengage Learning. All rights reserved
2
Exhibit 14-1 Currency Note Worth 100 Trillion Zimbabwe Dollars
© 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. South-Western/Cengage Learning. All rights reserved
3
Exhibit 14-2 Correct Alignment of Exchange Rate and Price
© 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
4
Exhibit 14-3 Incorrect Alignment of Exchange Rate and Price
© 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
5
Exhibit 14-4 Bid and Ask Rates
© 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use
6
Exhibit 14-5 Global Foreign Exchange Market Turnover1
© 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use
7
Exhibit 14-6 Currency Distribution of Reported Foreign Exchange Market Turnover 1: 2001-2013
© 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
8
Exhibit 14-7 The Foreign Exchange Market
© 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
9
Exhibit 14-8 Checking Accounts Never Leave the Country
© 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
10
Exhibit 14-9 Foreign Exchange Quotes for Monday, July 8, 2013 from the July 9, 2013 Edition of the Wall Street Journal © 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. South-Western/Cengage Learning. All rights reserved
11
Exhibit Continued © 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
12
Exhibit 14-10 Bid-Ask Quotes for Dollars per Ringgit and Ringgits per Dollar
© 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
13
Exhibit 14-11 Balance Sheet Changes in U. S. and U. K
Exhibit Balance Sheet Changes in U.S. and U.K. Banks Due to the Creation of a Eurodollar Deposit © 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
14
Exhibit 14-12 Swiss Franc-U.S. Dollar Spot and Forward Rates
© 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
15
Exhibit 14-13 Japanese Yen-U.S. Dollar Spot and Forward Rates
© 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
16
Exhibit 14-14 U.K. Pound-U.S. Dollar Spot and Forward Rates
© 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
17
Exhibit 14-15 Australian Dollar-U.S. Dollar Spot and Forward Rates
© 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.