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  • February 1987 (Revised September 1991)
  • Background Note
  • HBS Case Collection

Foreign Exchange Market, Background Note and Problem Set, The

By: W. Carl Kester and Richard P. Melnick
  • Format:Print
  • | Pages:12
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Abstract

Discusses the background of the foreign exchange market. This includes information about the participants and how the market operates. The problem set verses students in the arithmetic in the many common foreign exchange problems such as calculating forward premium and discounts, determining hedge ratios, covered interest arbitrage, etc.

Keywords

Financial Markets

Citation

Kester, W. Carl, and Richard P. Melnick. "Foreign Exchange Market, Background Note and Problem Set, The." Harvard Business School Background Note 287-033, February 1987. (Revised September 1991.)
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About The Author

W. Carl Kester

Finance
→More Publications

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    • November 2019
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    Apple, Einhorn, and iPrefs (Abridged)

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    Capital Allocation at HCA

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    • January 2018 (Revised April 2021)
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    Capital Allocation at HCA

    By: W. Carl Kester and Emily R. McComb
More from the Authors
  • Apple, Einhorn, and iPrefs (Abridged) By: Carliss Y. Baldwin and W. Carl Kester
  • Capital Allocation at HCA By: W. Carl Kester and Emily R. McComb
  • Capital Allocation at HCA By: W. Carl Kester and Emily R. McComb
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