Managing Foreign Exchange Risk: A Practical Guide to Foreign Exchange Exposure, Hedging Strategies, and Treasury Operations (Global Finance and Risk

$25.00
by David J Pierce

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What this book is and is not This is not a textbook on FX markets. It is not a catalog of hedge structures. It does not promise better forecasts. It is a practitioner guide to making FX risk manageable in real organizations , where decisions are imperfect, forecasts are wrong, and behavior matters more than theory. If FX is consuming attention, it should not be required, this book offers a way to put it back where it belongs in the background, quietly supporting better decisions. This book is written with Corporate Treasurers, CFOs, FP&A leaders, Controllers, Risk managers, and those that are entering FX as a profession. It is Not aimed at, FX traders, speculators, pricing-only hedge guides. With that said, let’s talk about what you will learn from this book. Foreign exchange risk is rarely the problem companies think it is. Most organizations do not fail at FX because they guessed the wrong direction of a currency. They fail because FX uncertainty quietly shapes decisions long before anyone labels it “FX risk.” By the time results appear in margins, cash flow, or reported earnings, the decisions that created the exposure are already in the past.

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