Kevin, S.

Fundamentals of International Financial Management/ Kevin, S - New Delhi: PHI Learning Pvt Ltd; 2012. - 278 p.

This concise and compact text explains, with great precision and clarity, the basic concepts, theories and practices of international business. The text is significant because international transactions form an integral part of economic activities in today's modern globalised economic environment. Businesses today are no longer confined to national boundaries and have become truly international. Any budding or practising manager, especially of big companies, needs to know the fundamentals of international finance. This book, written by Professor S. Kevin, who has extensive experience teaching international finance, eminently fulfils this need. The book begins by explaining the exchange rate mechanism of foreign currencies, factors influencing exchange rate fluctuations, and the trading mechanism in foreign exchange markets. As currency forwards, futures, options, and swaps are the instruments of currency derivatives used as hedging and speculative tools, the book gives a detailed description of the use of currency derivatives for hedging and speculative functions. It concludes by analysing international financial institutions and their functioning, the participants and instruments of global financial markets where international funds are raised, the many uses of international funds in portfolio investments, and direct investments in host countries. The book is primarily intended as a text for postgraduate commerce and management students, chartered accountancy (CA) and chartered financial analysis (CFA). It would also be of immense value to practising professionals in international finance.


International Finance
Foreign Exchange
Financial Swaps
Balance of Payment
Foreign Portfolio

658.1501 KEV-F