Foreign Exchange Risk Management

Lingua: inglese

Editore: New Century Pub, 2007

8177081470 / 9788177081473

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Descrizione dell’articolo da parte del venditore

Contents Preface. 1. Risk uncertainty and exposure. 2. Foreign exchange risk exposure management. 3. Hedging techniques and alternatives. 4. Exposure management role of information system. 5. Foreign exchange risk exposure management select studies. 6. Foreign exchange risk exposure management Techniques and applications. 7. Developing information system for exposure management. 8. Summary and conclusions. Appendix India's foreign exchange market basic facts. References. Index. In the early 1990s the Forex market in India was in the initial stages of development and suffered from several shortcomings. The spot as well as forward markets lacked depth and liquidity. The market was skewed with a handful of public sector banks accounting for bulk of merchant business and foreign banks handling most of inter bank business. The forward rates reflected demand and supply rather than interest rate differentials owing to lack of integration between the money and Forex markets and also due to restrictions on borrowings/lendings in the international markets. Post reforms period (1991 onward) has been marked by wide ranging measures to widen and deepen the foreign exchange market. The impetus for Forex market reforms was provided by recommendations of the (a) Committee on Balance of Payments (Chairman C. Rangarajan) 1993 (b) Expert Group on Foreign Exchange Markets in India (Chairman (O.P. Sodhani) 1995 and (c) Committee on Capital Account Convertibility (Chairman S.S. Tarapore) 1997. In line with the liberalisation measures undertaken in other areas various reform measures have been introduced in the foreign exchange market to make it liquid vibrant open and market determined. From a managed floating system under which the exchange rate was officially determined the regime has passed through several phases to reach the present market based system under which the exchange rate is determined by forces of demand and supply. With the introduction of market determined exchange rate companies have been exposed to risks of fluctuating rates which divert their attention from day to day corporate affairs. Management of risk associated with exchange rate is a new challenge for company managers. What is this risk. What are the perceptions of corporate managers about it. How to cope with it. These are the issues and solutions discussed in this book. 234 pp.

Codice articolo 64787

Titolo
Foreign Exchange Risk Management
Autore
Nidhi Jain
Editore
New Century Pub
Anno di pubblicazione
2007
Condizione
New
Rilegatura
Hardcover
Lingua
inglese
ISBN 10
8177081470
ISBN 13
9788177081473

Vedams eBooks (P) Ltd

New Delhi, India

Venditore con 4 stelle

Venditore AbeBooks dal 30 gennaio 2009

Tariffe di spedizione da India a U.S.A.

ArticoloDa 20 a 24 giorni lavorativiDa 4 a 7 giorni lavorativi
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