html5-img
1 / 6

The role of currency markets

Élodie Oulevey , Nadine Mülhauser. The role of currency markets. Currency markets. World’s largest financial market 3 important functions : Transfer of purchasing power Provision of credit Provision of hedging ( protection ) facilities. Currency War. New trend : low currency

libra
Download Presentation

The role of currency markets

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Élodie Oulevey, Nadine Mülhauser The roleofcurrencymarkets

  2. Currency markets • World’slargestfinancialmarket • 3 importantfunctions: • Transfer ofpurchasing power • Provision ofcredit • Provision ofhedging (protection) facilities

  3. Currency War • New trend: lowcurrency • Definiton: countries compete against each other to achieve a relatively low exchange rate for their own currency • PresidentalDebateofOct. 16, 2012 • Romney accuses China tobe a currencymanipulator

  4. Is China a currencymanipulator? • Topic in presidentialdebates • Romney wantstoput in placetariffs • Economistspointofview • China mightwanttoavoidpoliticalreactions

  5. Conclusion • Currency plays a high role • Influencesthestandardofliving • Influences Export/Import Markets • A singlecountryinfluencesothers

  6. Sources • http://www.economist.com/node/21564210 • http://en.wikipedia.org/wiki/Currency_war • http://www.economist.com/blogs/freeexchange/2012/10/economics-and-election • http://www.nytimes.com/2012/10/18/world/asia/chinas-renminbi-has-strengthened-during-obamas-term.html?ref=business&_r=0&pagewanted=print

More Related