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The Treasury Function

A. D. P. Edwards

Chapter 21 in The Exporter’s & Importer’s Handbook on Foreign Currencies, 1990, pp 102-103 from Palgrave Macmillan

Abstract: Abstract There are two kinds of exposure to exchange risks which need to be managed: (a) The translation exposure, i.e. translating the value of overseas assets from one currency into another. (b) The transaction exposure, i.e. the exchange risks arising from sales and/or purchases.

Keywords: Foreign Exchange; Exchange Risk; Foreign Currency; Forward Market; Currency Transaction (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-11852-6_22

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DOI: 10.1007/978-1-349-11852-6_22

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