Topic Name: International Monetary System

Course Name: International Financial Mangement

Program: MBA, BBA and any Business Program

Course Teacher: Zulfiqar Hasan, Associate Professor (Finance)

A monetary system secures the proper functioning of money by regulating economic agents, transaction types, and money supply.

The International Monetary System is the structure within which foreign exchange rates are determined, international trade and capital flows are accommodated, and balance of payments adjustments made.

A Flexible /floating exchange rate is a type of exchange rate regime wherein a currency's value is allowed to fluctuate according to the foreign exchange market.

A fixed exchange rate, sometimes called a pegged exchange rate, is a type of exchange rate regime wherein a currency's value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold.

A monetary system secures the proper functioning of money by regulating economic agents, transaction types, and money supply.

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