文章基本信息

标题：Ways to protect against currency risk in international economic relations
本地全文：下载
作者：LUCIAN OCNEANU ; RADU CRISTIAN BUC?A ; GABRIELA FOTACHE 等
期刊名称：Economy Transdisciplinarity Cognition
印刷版ISSN：2067-5046
电子版ISSN：2068-7389
出版年度：2011
期号：1
页码：296-302
出版社：George Bacovia University from Bacau
摘要：Effective legal drafting can minimize sig nificant international transaction risk. However, the risk of currency exposure can be mitigated or even eliminated in its entirety b y the techniques and instruments described in this article. How much currency risk exposure remains depends on the instrument selected. Many instruments do not hedge transaction exposure perfectly, but are more accessible to the individual and small to medium size companies. Instruments used to more completely hedge currency exposure, such as put and call options, may contain sizeable transaction costs. Nevertheless, most international businesses prefer the certainty of minimizing exposure, despite the increased transaction costs involved, in lieu of unquantifiable and potentially disastrous foreign exchange risk
关键词：Currency risk; forward transaction; futures contracts