Page 229 - FM Integrated WorkBook STUDENT 2018-19
P. 229

Foreign exchange risk






                          Overview






                            Depreciation                 Exchange

                                  and                  rate systems               Types of risk
                            appreciation






                    Trading in
                                                  FOREIGN EXCHANGE
                   currencies                                RISK








                         Causes of exchange                              Managing foreign
                            rate fluctuations                               currency risk





                                                                                 Practical
                         PPPT                   IRPT                           approaches



                                                                                Forwards




                                                                             Money market
                                                                                  hedges




                                                                               Derivatives








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