Currency Risk Management: A Handbook for Financial Managers, Brokers, and Their Consultants

Currency Risk Management: A Handbook for Financial Managers, Brokers, and Their Consultants
ISBN-10
1888998229
ISBN-13
9781888998221
Category
Business & Economics
Pages
284
Language
English
Published
1998-10-28
Publisher
Global Professional Publishi
Author
Gary Shoup

Description

With the advent of the World Trade Organization and NAFTA, foreign exchange now impacts the corporate world as never before. Hedging currency risk - usually through the interbank network - is now a routine treasury function. However, midsized companies (up to $100 million in annual sales) are often shut out of the interbank market because of cost and minimum size requirements. Currency Risk Management: A Handbook for Financial Managers, Brokers, and Their Consultants shows how to capture this business - from the basic concepts of foreign exchange to prospecting the corporate client. The author writes in an easy-to-read style and shows the finer points of foreign exchange and various exchange regimes recognized by the IMF. The reader will learn why exchange rates are a matter of government restrictions and controls as well as market price discovery.

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