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Money market deposits

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Money market deposits

  • This topic has 3 replies, 2 voices, and was last updated 5 years ago by AvatarJohn Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
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  • March 1, 2021 at 12:34 pm #612325
    Avatarilham9089
    Participant
    • Topics: 301
    • Replies: 190
    • ☆☆☆

    What are these?

    March 1, 2021 at 3:54 pm #612378
    AvatarJohn Moffat
    Participant
    • Topics: 57
    • Replies: 54839
    • ☆☆☆☆☆

    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.

    March 1, 2021 at 8:43 pm #612469
    Avatarilham9089
    Participant
    • Topics: 301
    • Replies: 190
    • ☆☆☆

    Thank you for the explanation 🙂

    March 2, 2021 at 9:17 am #612554
    AvatarJohn Moffat
    Participant
    • Topics: 57
    • Replies: 54839
    • ☆☆☆☆☆

    You are welcome 🙂

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    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘Money market deposits’ is closed to new replies.

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