THE CHOSEN EXCHANGE RATE AS THE POSSIBILITY OF REDUCING THE RISKS OF CURRENCY EXCHANGE TRANSACTIONS

Attila Rozsa () and Darabos Eva ()
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Attila Rozsa: University of Debrecen, Hungary, Faculty of Applied Economics and Rural Development, Institute of Accounting and Finance
Darabos Eva: University of Debrecen, Hungary, Faculty of Applied Economics and Rural Development, Institute of Accounting and Finance

Annals of Faculty of Economics, 2015, vol. 1, issue 1, 923-926

Abstract: The profitability of the operation of an enterprise is influenced by several factors. Beside the evolution of market supply and demand the hectic changes in exchange rates have an increasingly important role too. Since the start of the economic crisis in the autumn of 2008, changes in the exchange rate have been more and more emphasized. The article deals with methods for decreasing exchange risks of foreign currency transactions, without the need of completeness. In international trade due to the growth of the number of currency loans the significance of managing financial risks coming from the changes in exchange rates has increased. One of the most obvious tools is properly selected currency.

Keywords: exchange risk; exchange gain; exchange loss; EUR booking (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Date: 2015
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