Foreign Exchange Management

Technological progress and the abolishment of capital restrictions in many industrial and developing countries have led to significant changes in the daily practices of finance managers. Walter Ochynski addresses theses changes, examines their causes, and tenders advice on foreign exchange management. His book provides sections about the history of exchange rate regimes, present problem-solving explanations, basic strategic knowledge, hedging and determinants of exchange rates and technical analysis. Various instruments like forward contracts, options, swaps, futures are discussed and analyzed.