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商品編號: 9-209-053 出版日期: 2008/09/24 作者姓名: Coval, Joshua D;Chowdhry, Bhagwan;Saxena, Konark 商品類別: Finance 商品規格: 20p 再版日期: 地域: Samoa 產業: 個案年度: 2007 -
商品敘述:
This case examines currency risks faced by Microfinance Institutions, and evaluates strategies to hedge them in countries with pegged currency regimes and no derivatives markets. An MFI based in Western Samoa borrows in different currencies like the US dollar and the New Zealand dollar is worried about the additional variability in its cash flows due to unexpected currency fluctuations, and wants to explore strategies to hedge this risk in the absence of a derivatives market for the Samoan Tala. It seems to the president of the company that borrowing in different currencies, in proportions equal to the weights of the currencies in the basket peg, would reduce the currency risk. He wants to estimate the exact weights of the currencies in the basket peg and measure the reduction of currency risk using this strategy.
涵蓋領域:
Currency;Derivatives;Exchange rates;Financial planning;Microfinance;Risk management
相關資料:
Case Teaching Note, (5-209-069), 14p, by Joshua D Coval, Bhagwan Chowdhry, Konark Saxena
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