What is the relationship of currency risk in a floating exchange rate system to the future exchange rate changes?
What will be an ideal response?
Answer: To characterize the risk of a currency position, you must try to characterize the conditional distribution of the future exchange rate changes. With floating exchange rates, you can use data to measure the average historical dispersion (standard deviation or volatility) of the distribution. The higher this volatility, the riskier positions in this currency are.
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Property market is ___________, not segmented like space market
Fill in the blank(s) with the appropriate word(s).
Gary wanted to increase traffic to Treble Clef's Web site in hopes of broadening his customer base to other geographical areas
To help Internet users looking for sheet music and musical instruments find his Web site, Gary would most likely use ________. A) search marketing B) branded entertainment C) classified advertising D) gaming E) mobile advertising