Hedging against foreign exchange risk of peso-dollar rates using futures contracts with different maturities
Currency trading is the act of buying or selling a currency in exchange or another currency. It involves risk due to the fluctuations of the exchange rates. The said risk can be minimized through hedging using financial instruments such as futures. A futures is an agreement to but or sell an underly...
Published in: | UP Los Baños Journal Vol. XIII (Jan. 2015 - Dec. 2015), 81-97 |
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Format: | Article |
Language: | English |
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2015
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