5 Foreign Exchange Management

Foreign exchange markets and terminology Forward markets, swaps and forward exchange rates Overseas borrowing and lending and the integration of global financial markets Factors affecting exchange rates The history of the Australian foreign-exchange market Reserve bank intervention and the performance of the Australian foreign exchange market Running a foreign exchange operation Corporate foreign exchange management Forecasting exchange rates Fixed-rate hedging: swaps, forwards and forward-rate agreements Foreign exchange options International financial markets: evolution, structure and relevance to Australia Workings and instruments in the Eurocurrency debt market The international equity and Euro-equity markets Accounting and taxation issues from a corporate viewpoint.