With the rise in the International Business, there has been a vide scale movement of goods and services and involving large volume of conversion of one currency into another. With fluctuating market prices, there have been large scale movements in the currency exchange rates. Also, various innovative derivative products have been developed in the International Markets. It is an important function of the Financial Managers of the Company dealing in an International Trade to study the time to market developments and frame the policies in tune with the changing world requirements.
ISBN – 13 : 978-8193234266