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: Suggested Citation
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