Record Details

Exposure to Foreign Exchange Rate Risk: A Review of Empirical Evidences

Journal of Insurance and Financial Management

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Field Value
 
Title Exposure to Foreign Exchange Rate Risk: A Review of Empirical Evidences
 
Creator Omar, Abdullah Bin
B Taufil Mohammad, Kamarun Nisham
Binti Ahmad, Norzalina
 
Description Exposure to foreign exchange rate risk has become an increasingly important issue to investors and financial managers identical with the globalization of markets, and particularly in the wake of the events that occurred in the Asian financial markets. The impact of foreign exchange rate exposure on the value of the firm has been the subject of empirical literature for several decades. In recent times some empirical literature has also emerged. This study reviews the studies that investigate the exposure to currency risk of different economies. Both developing and developed economies has been subject to this study. It is concluded that most of the emerging and developing economies are exposed to higher level of foreign currency exposure. This is due to high level of openness and large amount of import and exports. In contrast, almost all closed and developed economies exhibits low level of exposure due to low amount of import and exports. 
 
Publisher Journal of Insurance and Financial Management
 
Contributor —
 
Date 2017-02-12
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://journal-of-insurance-and-financial-management.com/index.php/JIFM/article/view/73
 
Source Journal of Insurance and Financial Management; Vol 2, No 5 (2017): Journal of Insurance and Financial Management
2371-2112
 
Language eng
 
Relation https://journal-of-insurance-and-financial-management.com/index.php/JIFM/article/view/73/pdf
 
Rights Copyright (c) 2017 Abdullah Bin Omar
http://creativecommons.org/licenses/by/4.0