Managing Foreign Exchange Risk: Strategies for Global Exchange Risk - Hardcover

DeRosa, David F.

Hardcover

ISBN 10: 155738164X ISBN 13: 9781557381644

Publisher: Probus Publishing Co., 1991

Synopsis

The past decade has witnessed the rapid introduction and the widespread use of the new and complex financial instruments and hedging strategies by banking, investment and treasury and finance professionals around the world to control and minimize the foreign exchange risks associated with their institutional securities. This book provides an analysis of some of these developments. Part 1 contains introductory material about foreign exchange and its peculiar risks as well as descriptions and historical analyses of the major currencies. Part 2 is more analytical and covers the Interest Parity Theorem, the linkages between the currency and debt markets, the valuation of currency forward and futures markets and currency option pricing. The final section focuses on practical applications, with coverage of various hedging techniques. 4

Edition details

• Publisher: Probus Publishing Co.
• Publication date: 1991
• Language: English
• ISBN 10: 155738164X
• ISBN 13: 9781557381644
• Binding: Hardcover
• Edition number: 1