Lecture Money, banking, and financial markets: Chapter 10 - Stephen G. Cecchetti, Kermit L. Schoenholtz
Lecture Money, banking, and financial markets: Chapter 10 - Stephen G. Cecchetti, Kermit L. Schoenholtz
Chapter 10 - Foreign exchange. In this chapter we will discuss: How foreign exchange rates are determined; what accounts for their fluctuations over days, months, years, and decade, and the connection of foreign exchange rates and exchange markets.