Protecting your firm from FX risk

✍ Scribed by Michael Ehrlich; Asokan Anandarajan

• Book ID: 102297937
• Publisher: John Wiley and Sons
• Year: 2008
• Tongue: English
• Weight: 101 KB
• Volume: 19
• Category: Article
• ISSN: 1044-8136
• DOI: 10.1002/jcaf.20430

✦ Synopsis

Abstract

Recent oil‐price hikes are hurting U.S. businesses. But Europe seems protected—perhaps by the rising value of the euro against the U.S. dollar. So U.S.‐based managers need to compensate for the falling value of the dollar when planning their business strategies.

How can U.S. managers protect their companies from rising foreign exchange (FX) risks? The authors offer some vital tools and strategies—and discuss what perils the future may hold. © 2008 Wiley Periodicals, Inc.