Capital Flows and the FX Market

Free CFA Level I lesson in Economics. 14 min read, ~2,137 words.

Learning Outcome Statements (© CFA Institute. Reproduced under EPP listing):. 1. describe the foreign exchange market, including its functions and participants, distinguish between nominal and real exchange rates, and calculate and interpret the percentage change in a currency relative to another currency. 2. describe exchange rate regimes and explain the...

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