The Art of Forex Management in the Indian IT Industry

By: Kumar, Deepak

Foreign exchange risk plays an important role in an organization's foreign exchange risk management strategies. Over 70% of revenue for most Indian IT firms comes from foreign clients (i.e. via exports). The transactions are usually quoted/executed in foreign currency denominations. Firms dealing in multiple currencies face a risk (an unanticipated gain/loss) on account of sudden unanticipated changes in exchange rates, quantified in terms of exposures...

• Format: Paperback
• Language: English
• ISBN: 5462380844
• ISBN13: 9785462380846
• Release Date: February 2023
• Publisher: Deepak Kumar
• Length: 310 Pages
• Weight: 0.92 lbs.
• Dimensions: 0.7" x 6.0" x 9.0"