short notes on FOREX MANAGEMENT

Posted on 05-05-2016        By ADMIN

short notes on FOREX MANAGEMENT ELEMENTS: It is part of management science -Organization and control of Forex Budgeting for Forex Utilization of Forex It refers to generation of Forex From international trade transactions It pertains to use of Forex Identification of suppliers of goods and services Negotiation of terms and conditions of the transaction It covers storage of Forex Deposits in foreign currency bank accounts Forex reserves-gold, special drawing rights of IMF and foreign currencies. Foreign exchange reserves FOREX MANAGER:

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