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Noer Azam Achsani Money Market. Courses Materials Exchange Rates and Exchange Rates System Eurocurrency and International Money Market Covered, Uncovered.

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Presentation on theme: "Noer Azam Achsani Money Market. Courses Materials Exchange Rates and Exchange Rates System Eurocurrency and International Money Market Covered, Uncovered."— Presentation transcript:

1 Noer Azam Achsani Money Market

2 Courses Materials Exchange Rates and Exchange Rates System Eurocurrency and International Money Market Covered, Uncovered and Real Interest Parity Exchange Rates Risk and Forecasting Microfinance Reference: Gabler (2008), Cuthbertson (1996), Moosa (2004)

3 Exchange Rates and Exchange Rate Systems

4 Copyright © 2008 Pearson Addison-Wesley. All rights reserved Introduction Economists tend to disagree on issues related to exchange rates and exchange rate systems more than on the issues examined thus far Countries have numerous choices among exchange rate systems on a continuum from fixed to completely flexible systems Each type of exchange rate system requires a different set of policies and responds differently to the pressures of the world economy

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