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Sir, can you please explain the money market securities and their functions and whether we’ll be tested from this concept in only MCQs. Correct?
Money market securities are explain in my free lectures working through Chapter 2 of our free lecture notes. They are only examined as written questions and not as calculations.
However money market hedging (which is using money markets to hedge against movements in foreign exchange rate) is tested by way of calculations, and again are covered in detail in my free lectures on foreign exchange risk management.