23:00 if youre purchasing im not sure you're saying the same thing in you're explanation of the chart. If you're buying purchasing lb's at 0.55, then selling them in NY, how is that realizing profits? You started by accurately explaining that you would buy lb's in NY and selling them in London. Tha doesn't fit A-C-D, where you change USD to lb in London at 0.55
they have to buy and sell their currency and foreign currency to maintain their exchange rate. If their currency should be depreciating it costs them a lot of money to keep the exchange rate constant and sometimes the country simply doesn't have any foreign currency left to sell or would go into too much debt so they have to let their currency depreciate.
Isn’t in 10:39, the pound increases relative to the HK$ and vice versa?
two days before the exam ur saving me
Could you maybe share the slides ?
Nice explanation n content
Thnx
36:45, not sure why you would call the expected forward rate F, shouldn't it be E^e?
Thank you so much. All your videos are really helpful.
thanks
these are super helpful!
Great content. Would you please mind sharing these slides with me?.... Gracias
Unfortunately I don't share any of the slides in my videos. Thanks for watching!
At 23:02 shouldn't it be buying dollars in NY and selling them in London
23:00 if youre purchasing im not sure you're saying the same thing in you're explanation of the chart. If you're buying purchasing lb's at 0.55, then selling them in NY, how is that realizing profits? You started by accurately explaining that you would buy lb's in NY and selling them in London. Tha doesn't fit A-C-D, where you change USD to lb in London at 0.55
Yeah, wondering the same. Price of dollar is lower in NY so I'd buy there and sell in London
Can you solve some problems?
16:20 What causes a country to lose its control of its pegged regime?
they have to buy and sell their currency and foreign currency to maintain their exchange rate. If their currency should be depreciating it costs them a lot of money to keep the exchange rate constant and sometimes the country simply doesn't have any foreign currency left to sell or would go into too much debt so they have to let their currency depreciate.
goodddddd！！！