Swap-ul pe valute - instrument modern de gestionare a riscului valutar
Cross Currency Swap - Modern Tool in Managing Currency Risk
Author(s): Anamaria Morar, Ioan Trenca, Maria-Miruna PocheaSubject(s): Economy
Published by: Alma Mater & Universitatea »Babes Bolyai« Cluj - Facultatea de St. Economice si Gestiunea Afacerilor
Keywords: cross currency swaps; currency risk; valuation of cross currency swaps; FX Swaps
Summary/Abstract: Cross currency swaps are an essential tool in managing the exchange risk associated with foreign currency fi nancing and investing. Financial institutions and companies use currency swaps to reduce borrowing costs in both domestic and foreign markets. Cross currency swaps are also a simple and eff ective solution to long term cuurency hedging needs. Their simplicity and fl exibility can make cross-currency swap a very important derivative instrument in the management of currency risk
Journal: Revista de Studii şi Cercetări Economice Virgil Madgearu
- Issue Year: 2009
- Issue No: 02
- Page Range: 113-127
- Page Count: 15
- Language: Romanian
