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Reference | Title | Link |
Bauer College (2010f) | Lecture Notes: Currency Risk Management: Futures and Forwards | here |
Summary (partial)
"In an international context, a very important area of risk management is currency risk. This risk represents the possibility that a domestic investor's holding of foreign currency will change in purchasing power when converted back to the home currency. Currency risk also arises when a firm has assets or liabilities expressed in a foreign currency." |
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