Knath87

[Knath87]

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Thank you, @zee

[Knath87]

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Due to an increased exports, the demand for the domestic currency (exporter) increases.. This leads to appreciation in short term.. In the long term, this might lead to correction as the competitiveness of domestic goods decreases due to high cost to nations importing from the exporter..
I hope this clarifies..

[Knath87]

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Thanks a ton, @zee. I wouldn’t be starting an intense preparation. I was just planning to start making notes for some of the areas which I lost marks/points in the 2013 exam. Just an initial light read-up. May be make a formula sheet for the FRA and Quant areas.

[Knath87]

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Thanks a lot, @MockTurtle..

[Knath87]

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Thanks a lot, @vincentt and @sophie..

@sophie – International fischer condition was a discussion in the context of international parity conditions.. The first statement is a result of Covered and uncovered interest rate parity conditions..
But I think the difference in the term explains the difference in results 🙂
Thanks a lot..

[Knath87]

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I was wondering if the books would undergo a significant change in their content. Can I start my preparation instead of waiting till completion of registration?

[Knath87]

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Thanks a lot, @Zee‌ 

@RaviVooda‌ : Can you please shed some light? It would be of great help.. 

[Knath87]

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@RaviVooda‌ : Thanks a lot 🙂 This time the print option is $150 extra as compared to the ebook option with $20 for the shipping cost. I am hoping that there would be an option to come back to buy the print copies in case the need arises.

Yes, I am a devotee of the curriculum. Somehow, I could never bring myself to rely fully on third party materials – call it my paranoia.. I will stick to CFAI this time too. And as you and @Sophie‌ put it, it is good to know that it the preferred resource for L3. 

Thanks a lot, @RaviVooda‌ and @Sophie‌ 🙂 

[Knath87]

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@edulima‌ : I felt handwritten notes which summarize the reading are God-send during the fortnight preceding the exam. The reason why I start in the month of Sept-Oct for June tests are ‘cos I make notes for every reading – trust me they are the most valuable resource at the 11th hour. 

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