Introduction to Foreign Exchange

Day-to-day, commercial banks are the most active participants in the domestic money market, foreign money market, and foreign exchange market. Their importance is measured by the volume of transactions they execute in these markets and how many prices they provide. In this Treasury overview course, we introduce many issues relevant to the Treasury Department and exposure management. This course is designed to give you an overall picture of a bank's relationship to the markets and, more specifically, the Treasury Department's role in these operations. Whether or not you intend to become a trader, it is important to understand the Treasury's function and impact on other bank operations