000			01891nam a22002537a 4500
003			OSt
005			20260629082926.0
008			260629b |||||||| |||| 00| 0 eng d
020			_a9789351105916
040			_cAKCL
082			_a332.45 _bRAJ-F
100			_aRajwade, A.V.
100			_aH.G. Desai
245			_aForeign Exchange, International Finance and Risk Management / _cA.V. Rajwade and H.G. Desai
260			_aNavi Mumbai: _bShroff Publishers and Distributors Pvt. Ltd., _c2021
300			_ap. XX,408
520			_aThe globalization and liberalization of the Indian economy since 1991 has led to an exponential rise in the currency exposures of Indian businesses. Increasing exchange rate volatility has made Indian business entities more vulnerable to the risks arising out of not only revenue and capital account transactions but also economic exposures, which often arise without direct foreign currency dealings.In such circumstances, it has become vital for nance managers to understand the functioning of currency markets. With banks o ering various hedging instruments to manage the risk, it is equally important to understand when and how to use these instruments, especially complex, structured derivative products. The book provides a comprehensive understanding of the functioning of the forex markets, the risks and objectives pertinent to for exexposures, the derivative instruments available for hedging, as well as an insight into some of the disputes between banks and their counter-parties in relation to mis-selling of derivatives as hedging alternatives. Apart from covering the risk management issues, the book touches upon the relevant accounting and regulatory aspects in the treatment offorex derivatives.
650			_aEconomics
650			_aBanking
650			_aMoney
650			_aForeign Exchange
942			_cBK
942			_2ddc _n0
999			_c44953 _d44953