Fx Policy Revisited: Strategy & Tactics

19 Pages Posted: 2 Jan 2004 Last revised: 2 Nov 2011

Date Written: October 1, 2003

Abstract

USD movement against the EUR, the Japanese Yen, and CAD/USD fluctuations are forcing CEOs & CFOs to think strategically about FX and revisit old policies and practices.

Long Term Equilibrium Exchange Rates

Why Hedge?

What to Hedge?

How to Hedge?

FX Hedging in Cross Border M&A

Corporate FX Hedging Practices

Keywords: Foreign Exchange, Risk Management, Hedging, FX, Financial Strategy

JEL Classification: G3, G30, G32

Suggested Citation

Pettit, Justin, Fx Policy Revisited: Strategy & Tactics (October 1, 2003). Available at SSRN: https://ssrn.com/abstract=463106 or http://dx.doi.org/10.2139/ssrn.463106

Justin Pettit (Contact Author)

Independent ( email )

United States
9146092011 (Phone)