Managing Foreign Exchange Risk: Advanced Strategies for Global Investors, Corporations, and Financial Institutions
Author: David F. DeRosa
List Price: $65.00
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ISBN: 0786310227
Publisher: McGraw-Hill Professional (1996)
Sales Rank: 229,631
Average Customer Rating: 3.67 out of 5
Customer Reviews
Rating: 2 out of 5
Fair Overview
The book is a fair overview of foreing exchange risk with lots of formulas. I couldn't find much on "advanced strategies for global corporations." For example, less than two pages are used to discuss zero-premium collar programs. It might be OK for new global investors but it's got very little for corporate treasurers.
Rating: 4 out of 5
Useful introduction.
This book is a good intro to FX risk. Plenty of real world examples serve to drive key points home. Good deal for those looking to learn the basics very quickly but also provides insight into more sophisticated theory.
Rating: 5 out of 5
Updated Second Edition
This second edition has been greatly expanded with materials on the mechanics of the foreign exchange and options markets. The sections on the international monetary system have been updated, especially with respect to the European monetary system. New sections have been added on exotic currency options, specifically on barriers, average rate, basket and quantos options. There are two new chapters, one on currency option applications and another on currency overlay management.
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