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You are a faculty of Foreign exchange management and your students are discussing an article on exchange rate systems and their impact on international borrowing.
You are a faculty of Foreign exchange management and your students are discussing an article on exchange rate systems and their impact on international borrowing. A. You are supposed to acquaint your students with fixed exchange rate system and floating exchange rate system. (5 Marks) B. Also elaborate the difference between a spot transaction and a forward transaction in the foreign exchange market to your students, for a deeper understanding of exchange rate transactions.
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