End-Term Examination
(PGP 2019 – 21), Term – VI
Course Name: International Financial Management
Total marks: 40 Time: 120 mins
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ALL ANSWERS MUST BE IN A SINGLE EXCEL FILE- One Answer in One Sheet
1) Do you support the inclusion of ‘Chinese Yuan’ in SDR? Justify your answer. [3]
2) Explain two most significant parameters that differentiate country risk profiling of India and China [4]
3) What are the economic benefits of currency swaps? [3]
4) Bank of Thailand borrowed 33 billion renminbi (¥) from the China when a Baht was worth ¥ 2.78 or USD
1.912. It sold these ¥ for Baht. After sometime, it repaid these ¥ at ¥ 2.50 per Baht when $1.782= 1 Baht
a. Find % devaluation of Baht against the ¥? Against the USD? [4]
