ModuleI 1

Brief history of international financial system-the Bretton Woods

System-post Bretton Woods System -European Monitory Union-Euro and its

impact.and implications,

Module II

International banking-Euro currency markets-Euro currency futures and

options-syndicated Euro credits-international bonds-Eurobond valuation alld

hedging-interest rates and currency swaps-internationalisation of stock

markets

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Module III

IMF-organisation and management-resources-purposes,. functions and

role-financing facilities-meaning, components and importance of international

liquidity-trends in international liquidity-IMF and international liquidity.

Module IV

Foreign exchange market-meaning functions and importance-methods

of affecting international payments-dealings on the foreign exchange marketspot

and forward rates-futures, options, swaps, arbitrage-determination of

exchange rates-exchange rate arithmetic's exchange rate systems-exchange

control-currency exchange rate risks and their management.

Module V

Characteristics of foreign exchange market in India-RBI foreign

exchange rate and reserves management-determinants of exchange rate of

rupee-trends in exchange rate of rupee-convertibility of rupee-salient features

of foreign exchange management act.

........

FOREIGN TRADE POLICY AND PROCEDURES

Module I

Government intervention in foreign trade-inward and outward oriented

-trade strategies brief historical review of India's trade policy-Foreign Trade

(Developmentand Regulation) Act-salient features of the current foreign trade

Policy of India.

ModuleII

Exportpromotion measures-organisational setup-export prqmotion/assistance

organizations-statetrading and conalistion -production -assistance-marketing

assistance-export and trade house-incentives-special economic zones evaluation of

export promotion system.

ModuleIII

Export procedures and documentation

Import procedures and documentation

ModuleIV .

Payment teams-Income terms-receiving payments for exports-making

payments for imports-letter of credit and internationaf trade.

ModuleV

International trade financing-pre-shipment credit-post-shipment credit objectives,

functions, role and assistance schemes of Exim Bank-forfeiting -

ECGC and export credit risk insurance-marine insurance.