NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Financial Institutions and Markets
Internal Assignment Applicable for June 2021 Examination
2. Describe how the prevailing interest rates in a country affect its exchange rates with the currency of its major trading partner (10 Marks)
3. Explain different types of money market instruments. In each of the below cases, which money market instruments would you recommend and why?
a. A mutual fund manager has INR 450 million of cash, which he needs to park for a period of less than 180 days, where he will move this to equity (5 Marks)
b. An oil refining company wishes to borrow INR 1500 million for a period of 90 days to fund its settlement of invoices (5 Marks)