Foreign Exchange Risk Management
Foreign Exchange Risk Management: The Paradox
The volatility of European currency rates after a period of relative stability has brought a new focus to foreign exchange rate exposure management issues.
Contents: Risk, Uncertainty and Exposure / Foreign Exchange Risk Exposure Management / Hedging: Techniques and Alternatives / Exposure Management: Role of Information System / Foreign Exchange Risk Exposure Management: Select Studies / ...
Explaining why a bank's foreign exchange price-making is not based on guesswork or "better information" as to where exchange rates will be at a future date, the book explores the analytical pricing methods that are well-known within a bank ...
Further on, the book examines the impact of FX hedging procedures on the company and presents pro and counterarguments of corporate hedging.