THE STORY OF CHF OR HOW TO LOSE YOUR SLEEP AND MONEY BY IGNORING THE FOREIGN CURRENCY RISK
This paper represents an empiric research how The Central Bank of Switzerland gave up on sustaining the minimum exchange rate for CHF, as a result of a dramatic movement in the history of the FX market. The decision has equally affected companies or families that got loans (usually in another curren...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Dunarea de Jos University of Galati
2015-05-01
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| Series: | Risk in Contemporary Economy |
| Online Access: | http://www.rce.feaa.ugal.ro/images/stories/RCE2015/Finante-Contabilitate/TreapatGheorghiu.pdf |