Difference between revisions of "Exchange rate risk"
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According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
:[[Exchange rate risk]]. Refers to the fluctuation in exchange rates between currencies over time. | :[[Exchange rate risk]]. Refers to the fluctuation in exchange rates between currencies over time. | ||
| + | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| + | :[[Exchange rate risk]]. The risk that exchange rate changes will reduce the number of dollars provided by a given amount of a foreign currency. | ||
==Related concepts== | ==Related concepts== | ||
Latest revision as of 01:47, 2 November 2019
Exchange rate risk is a risk that refers to the fluctuation in exchange rates between currencies over time.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Exchange rate risk. Refers to the fluctuation in exchange rates between currencies over time.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Exchange rate risk. The risk that exchange rate changes will reduce the number of dollars provided by a given amount of a foreign currency.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
