• Zusammenfassung / Abstract
  • 1 Currency and exchange rate risk
  • 2 Exposures to the exchange rate risk factor
  • 2.1 Translation exposure
  • 2.2 Economic exposure
  • 2.3 Transaction exposure
  • 3 Hedging transaction risk using forwards
  • 3.1 Basic hedging positions
  • 3.2 Hedging from a utility viewpoint
  • 4 Objectives of exchange rate risk management
  • Bibliography