A Decision‐making Approach to the Avoidance of Foreign Currency Risk

Abstract

British industry is being exhorted continually to increase its exports. If this occurs, more and more companies will be exposed to the financial risks caused by currency fluctuations. Many companies will be exposed to such risks already, because they use imported materials, equipment or services. Such companies may not be alerted to their currency risk until their costs increase substantially and unexpectedly due to a movement in exchange rates.

Citation

Ferguson, P.R. (1985), "A Decision‐making Approach to the Avoidance of Foreign Currency Risk", Management Decision, Vol. 23 No. 3, pp. 41-52. https://doi.org/10.1108/eb001378