Categories Categories

Free shipping Free shipping

Foreign Exchange, International Finance and Risk Management, 5th Edition

MRP: Rs.850.00
Price in points: 850 points
9789351105916
In stock
+

The globalization andliberalization of the Indian economy since 1991 has led to an exponential risein the currency exposures of Indian businesses. Increasing exchange ratevolatility has made Indian business entities more vulnerable to the risksarising out of not only revenue and capital account transactions but alsoeconomic exposures, which often arise without direct foreign currency dealings.In such circumstances, it has become vital for nance managers to understand thefunctioning of currency markets. With banks o ering various hedging instrumentsto manage the risk, it is equally important to understand when and how to usethese instruments, especially complex, structured derivative products.

The book provides a comprehensive understanding of thefunctioning of the forex markets, the risks and objectives pertinent to forexexposures, the derivative instruments available for hedging, as well as aninsight into some of the disputes between banks and their counter-parties inrelation to mis-selling of derivatives as hedging alternatives.

Apart from covering the risk management issues, the booktouches upon the relevant accounting and regulatory aspects in the treatment offorex derivatives.



Books

Author:
Rajwade
Binding:
Paperback
Condition Type:
New
Country Origin:
India
Edition:
Fifth
Gift Wrap:
No
Publication Date:
2014
Publisher:
Shroff Publishers & Distributors Pvt. Ltd