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Managing Euro FX Risk With Benchmark Data
Author(s) -
Makar Stephen,
Wang Li
Publication year - 2013
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.21907
Subject(s) - benchmark (surveying) , risk management , financial crisis , foreign exchange , business , worry , financial system , accounting , monetary economics , economics , finance , medicine , macroeconomics , anxiety , geodesy , psychiatry , geography
Prompted by the financial crisis, central banks have offered unprecedented support for the global economy since 2007. But a primary concern of treasurers remains: How do you manage euro foreign exchange (FX) risk? So treasurers worry about the uncertainties: When and how will monetary policy be normalized? How will FX rates respond? And what information is needed to manage the accompanying FX risk prudently? The authors of this article help readers by providing benchmark data pertaining to euro FX risk management. They also explore the strategic implications of the data. © 2013 Wiley Periodicals, Inc.