IDEAS home Printed from https://ideas.repec.org/a/ora/journl/v1y2015i1p923-926.html
   My bibliography  Save this article

The Chosen Exchange Rate As The Possibility Of Reducing The Risks Of Currency Exchange Transactions

Author

Listed:
  • Attila Rozsa

    (University of Debrecen, Hungary, Faculty of Applied Economics and Rural Development, Institute of Accounting and Finance)

  • Darabos Eva

    (University of Debrecen, Hungary, Faculty of Applied Economics and Rural Development, Institute of Accounting and Finance)

Abstract

The profitability of the operation of an enterprise is influenced by several factors. Beside the evolution of market supply and demand the hectic changes in exchange rates have an increasingly important role too. Since the start of the economic crisis in the autumn of 2008, changes in the exchange rate have been more and more emphasized. The article deals with methods for decreasing exchange risks of foreign currency transactions, without the need of completeness. In international trade due to the growth of the number of currency loans the significance of managing financial risks coming from the changes in exchange rates has increased. One of the most obvious tools is properly selected currency.

Suggested Citation

  • Attila Rozsa & Darabos Eva, 2015. "The Chosen Exchange Rate As The Possibility Of Reducing The Risks Of Currency Exchange Transactions," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 923-926, July.
    • Handle: RePEc:ora:journl:v:1:y:2015:i:1:p:923-926
    as

    Download full text from publisher

    File URL: http://anale.steconomiceuoradea.ro/volume/2015/n1/106.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    exchange risk; exchange gain; exchange loss; EUR booking;
    All these keywords.

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ora:journl:v:1:y:2015:i:1:p:923-926. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catalin ZMOLE (email available below). General contact details of provider: https://edirc.repec.org/data/feoraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.