The global financial landscape is changing fast with the integration of financial markets and mind-boggling technological advances. Economic events, government policies, and investor sentiments in any part of the world impact the financial markets across the world, exposing most businesses to market fluctuations. This book, an updated and enlarged edition of 'International Finance: A Business Perspective', equips corporate treasurers and finance managers with the conceptual understanding of global financial markets, instruments and products. It enables them to analyze market opportunities and associated financial risks, and also familiarizes them with the available funding avenues. The book covers: Global financial environment Exchange rates Foreign exchange market Currency futures and options Financial risk and exposure Management of currency exposure Short-term financial management of a multinational corporation International financing International project appraisal Currency and interest rate swaps Forward rate agreements, interest rate futures and interest rate options Adopting an application-oriented approach with illustrative examples, extensive up-to-date references and minimal mathematical calculations, this book is an easy and informative read for finance professionals.