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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Money market deposits
What are these?
Large deposits by companies with banks and other similar institutions so as to earn interest.
The only place in the exam that calculations are relevant in relation to money market deposits (and borrowings) is in money market hedging (to hedge against exchange rate fluctuations) as explain in my free lectures on the management of foreign exchange risk.
Thank you for the explanation 🙂
You are welcome 🙂
