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Все вопросы
- The value of an option depends on the extent to which it is in the money, that is, the extent to which the option has intrinsic value, and also on the volatility of the underlying exchange rate, the interest rate on the currency paid for the option, the forward exchange premium or discount and the length of time to expiration. The value of the option can also be considered to depend on the interest rate differential, which, like the forward premium or discount, reflects the expected path of the exchange rate. #161
- When Safeway supermarkets in the United States buys strawberries from Mexico, #162
- An over-the-counter customized options market coexists with the exchange-based currency options. Over-the-counter options are written by governments. #163
- The … account is a record of the flow of payments between the residents of one country and the rest of the world in a given period. #164
- The balance-of-payment account is based on …. #165
- … entries in the balance of payments result from purchases by foreigners of a country’s goods, services, goodwill, financial and real assets, gold and foreign exchange. #166
- The … account includes trade in goods and services, income and unilateral transfers. #167
- A … account deficit can be financed by selling a country’s bills, bonds, stocks, real estate, or businesses. #168
- Purchases and sales of financial and real assets result in a supply of or demand for a country’s currency in the same way as purchases and sales of goods and services. #169
- Changes in official reserves occur when governments intervene in the foreign exchange markets to influence exchange rates. When exchange rates are truly flexible, changes in official reserves are zero. #170