Koutmos, Gregory; Knif, Johan - In: The European Journal of Finance 17 (2011) 8, pp. 661-674
This paper investigates asymmetric as well as first- and second-moment exchange rate exposure of the Finnish stock … exposure in the pre-Euro period. In the period, following the introduction of the Euro, however, exchange rate exposure becomes … the Euro has had a profound impact on the exchange rate exposure of the FSE. …