The article discusses various aspects of foreign exchange management, including foreign exchange markets, factors affecting exchange rates, and corporate foreign exchange management. It also covers topics such as overseas borrowing and lending, reserve bank intervention, and forecasting exchange rates. The research delves into the history of the Australian foreign-exchange market and explores different hedging strategies like swaps and forward-rate agreements. Additionally, it touches on international financial markets, Eurocurrency debt market workings, and accounting and taxation issues related to foreign exchange operations.