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Introduction to Currency Risk explains the nature of risk, how it is measured, and the short- and long-term implications of business. It examines the concept of a broad policy towards currency risk management and in particular whether a business should seek to limit or hedge its exposure. A description is given of transaction, translation, and economic exposure and methods for quantifying with a view to establishing a risk management strategy.
|Author||GLENLAKE/ FITZROY DEARBORN|
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