Module 1

Significance of foreign exchange rate

Introduction: Growing importance of international finance - Introductionl to

Foreign  exchange markets - Exchange rate determinants - Supply of demand

factors of .currency - Exchange rate theories .

Module 2

International Finance System

Exchange rate. systems in the world - Role of IMF and. World Bank - Impact of

regional economic integrations - Global integration of economic systems and

exchange rate - Issues relating to developing countries -Capital account

convertibility

Module 3

International financial markets .

Major International financial markets- Euro Banking and Euro currency marrket -

American and Japanese capital markets - Term structuring international capital market

. Module 4

International Financing

Modes of International equity financing - Depository receipts - Issue

mechanisms - International credit instruments - Eurobonds & market

International credit syndication mechanism - Recent developments In the

Euromarket~ Risk factors in International Financing . .

Module 5

International Investing

International Investing. Capital budgeting for International Investments - Foreign

Direct investments - Problems in valuation of cash flows - Cash management

from international business - International portfolio investing -Opportunities and

. challenges.