The aim of this text – Forex Management – is to explain the concepts, procedures, practices and policies of Foreign Exchange functioning across the globe. The text has been written in a very lucid, simple and understandable language. The style of each chapter is to be economical in terms of words and show how to apply the concepts with a few important equations and worked numerical examples. The text presumes that readers may not need to have undertaken an introductory course in finance at the graduate or postgraduate level.