(Difference between pages)
imported>Doug Williamson |
imported>Doug Williamson |
| Line 1: |
Line 1: |
| The risk of losses or other adverse effects resulting from a change in a foreign exchange rate, or from other unfavourable changes in relation to a foreign currency.
| | Electronic Money Directive. |
|
| |
|
| Examples include:
| | Also known as E-Money Directive. |
|
| |
|
| (i) a final receipt/payment of a different amount of domestic currency equivalent, than expected when a currency transaction was committed to (transaction risk), or
| |
|
| |
|
| | | ==See also== |
| (ii) a change in asset/liability values in a balance sheet, profit/loss in an income statement (translation risk), or
| | * [[Contactless NFC payment]] |
| | | * [[Directive]] |
| | | * [[Electronic purse]] |
| (iii) a change in competitiveness as rates change relative to buyers, suppliers or competitors (economic risk).
| | * [[Smart cards]] |
| | |
| | |
| A more complex area of risk concerns contingent, or pre-transaction risk.
| |
| | |
| | |
| Also known as Currency exposure or Foreign exchange risk.
| |
| | |
| | |
| | |
| == See also == | |
| * [[Contingent risk]] | |
| * [[Cross-currency interest rate swap]]
| |
| * [[Foreign exchange risk]] | |
| * [[Transaction exposure]] | |
| * [[Translation exposure]] | |
| | |
| | |
| ===Other links===
| |
| [http://www.treasurers.org/node/5281 Currency risk, Will Spinney, ACT 2009]
| |
| | |
| [[Category:Manage_risks]]
| |
Revision as of 11:37, 3 August 2016
Electronic Money Directive.
Also known as E-Money Directive.
See also
