ECO4050H1S READING COURSE: International Financial Markets
This course studies the assets and institutions of international financial markets. A key difference between these markets and others is the role of exchange rates relating the value of two or more national currencies. Topics treated include: exchange rates and the foreign exchange market; foreign exchange microstructure; pricing of and trading in the spot and the forward foreign exchange; foreign-exchange options and currency swaps; theory and practice of the Euromarket funding and lending; the management of the multinational firm; international Banking; sovereign debt crises; speculative attacks and liquidity crises; globalization.
