Control the number one cause of financial loss currency fluctuation
With cross-border commerce now the global norm, companies must now face the
greatest threat to their financial stability: financial losses due to currency
fluctuations. Written by an international business and banking expert, Managing
Currency Risk is an authoritative, accessible look at the variety of methods
used to minimize currency risk. Written for the financial market novice, the
book explains the nature and uses of a variety of financial instruments without
complicated mathematical equations. Discussed in detail are all forms of
currency derivatives, such as forward foreign exchange, OTC currency options,
currency swaps, currency futures, and options which