Course Level 3: Advanced
Estimated Study Time: 1-2 hours
When most people think about currency exchange, we are usually thinking about buying foreign currency to bring with us on vacation. However, currency exchange involves much more such as treasuries, bonds, imports and exports, trade imbalances, and the borrowing costs of a country. This course about currency exchange gives us a key insight into the financing behind a country’s growth and development, and answers questions such as how is the money raised to build a country’s infrastructure.
The course discusses how currency is valued, devalued, and how countries trade and lend money to each other. It also discusses the knock-on effects of lack of demand for treasury bonds to a country and the costs thereafter.
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