Hedging Foreign Exchange Risk in Chile : Markets and Instruments /

Policy makers have expressed interest in fostering the development of local foreign exchange derivatives markets with a view to reducing risks arising from currency mismatches between assets and liabilities in the corporate sector. This paper assesses foreign exchange exposure in the corporate secto...

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Автор: Chan-Lau, Jorge
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2005.
Серія:IMF Working Papers; Working Paper ; No. 2005/037
Онлайн доступ:Full text available on IMF
Опис
Резюме:Policy makers have expressed interest in fostering the development of local foreign exchange derivatives markets with a view to reducing risks arising from currency mismatches between assets and liabilities in the corporate sector. This paper assesses foreign exchange exposure in the corporate sector in Chile, analyzes the current state of the foreign exchange derivatives market in Chile, and argues that liquid and developed foreign exchange derivatives markets can help promote financial stability.
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Фізичний опис:1 online resource (23 pages)
Формат:Mode of access: Internet
ISSN:1018-5941
Доступ:Electronic access restricted to authorized BRAC University faculty, staff and students