This new edition incorporates the changes in markets, policy and regulatory environment as well as conceptual and theoretical developments -- especially in the Indian context where there have been rapid and significant economic developments, progress towards globalization, policy initiatives, regulatory changes and several new instruments since the publication of the third edition in the year 2002.
New to This Edition
Ten Case studies, prepared in the Indian setting, have been included for classroom discussion
Data on global capital flows, balance of payments, external debt, nominal and effective exchange rates, futures and options quotes, financing in global markets and so on have been updated.
Examples with new products such as rupee-based currency options have been added.
Review Excerpts:
The author has been quite clear in his use of pedagogical aids. The topics have been properly elaborated with diagrams, graphs and models. One excellent feature of this book is the presence of footnotes giving vital additional information to the interested reader. The appendices at the end of chapters are quite apt and useful for the more inquisitive students.
Prof Kousik Guhathakurta, Army Institute of Mnagement, WBUT
2006
Tata McGraw-Hill