Managing Currency Risk Using Financial Derivatives

Currency fluctuations cause more financial losses to business than any other single factor. Exchange rates between one currency and another can change dramatically in a short period of time, leaving the unprepared business exposed to potentially crippling losses. Every business that traders internationally or relies on imported goods is exposed to the effects of currency fluctuations. The efficient management of this risk is essential for the survival of a company and any business that is exposed to such a risk should ensure that it is fully prepared to manage it. Aimed at senior managers within businesses, this book is a practical primer on how to reduce risk from volatility in the foreign markets.Stephens, John J. is the author of 'Managing Currency Risk Using Financial Derivatives' with ISBN 9780471498865 and ISBN 0471498866.