CHAPTER FIFTEEN

International Banking—Foreign Exchange and Trade Finance

CHAPTER STRUCTURE

 

KEY TAKEAWAYS FROM THE CHAPTER
  • Learn the concept and terms pertaining to international banking

  • Understand the practical aspects of foreign exchange operations

  • Know the basics of exchange rates and foreign exchange markets in India

  • Understand basics of letters of credit

  • Understand various aspects of trade finance

INTRODUCTION

Central banks do not deal with customers who have international banking requirements. ...

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