View Cart
For more information
Call 1-800-351-0222

Home > ACCOUNTING > Exchange Rates and Financial Management >

Exchange Rates and Financial Management

This paper provides a summary and analysis of the article, "Nominally Cheap or Really Dear?," in the November 6, 2010 issue of The Economist. The article is concerned with the issue of the exchange rate between the U.S. dollar and the Chinese yuan. The reviewer concludes that the calculation of exchange rates is important to financial management in multinational firms, despite the complexities and challenges that are involved.
Details
Citations 5
Citation Style APA
Sources 4
Pages 2
Price: $8.00
From the Paper
Overview Summary An article in the November issue of The Economist addressesthe issue of the exchange rate between the U S dollar and the Chinese yuan Nominally cheap In terms of the nominal exchange rate thestrength of the yuan against the dollar has grown by since However in terms of the real exchange rate the yuan has strengthened byalmost since According to the article a more detailed picturecan be obtained if the real exchange rate is calculated according tochanges in unit labor

Also Search for Exchange Rates and Financial Management in all categories
 

Related Essays

  • INDIA'S ECONOMICS.
    Analyzes economic stability, govt. strategy, foreign exchange, derivatives & more to measure risks & opportunities for business investment. Charts.
  • GLOBAL ASSET ALLOCATION.
    Discusses investment practices & issues incl. Global diversification, management style, currency hedging, risks & rewards, equity markets/correlations. Country & industry effects. GAA models.
  • THE FINANCIAL RISK OF CONDUCTING BUSINESS INTERNATIONALLY
    Identifies the financial risk of conducting business internationally, including the importance of foreign exchange rate risk and how the risk can be mitigated.
  • Diploma of Investment Management Course Outlines
    This paper describes the courses required for the diploma of investment management (DIM) at a business training institute.
  • Chinese RMB Renminbi
    Considers China's emergence as a signiciant world financial power, and its strategy position with the yuan.
  • ASIAN CURRENCY CRISIS.
    Causes & effects. Devaluation, historic bank failures & impact on international banking, currency exposure risks. Tables.
  • HSBC HOLDINGS.
    Describes the Asian banking facility headquartered in the United Kingdom. Large worldwide holdings of HSBC. Success of its electronic banking services. Acquisitions. Performance measurement. Actions of HSBC. Baseline analysis, baseline business, WBS & critical path analyses. Importance of project scheduling. Effect of China's opening to foreign business.
  • PROJECTING FOREIGN CURRENCY VALUES.
    Discussion of models to forecast currency exchange rates in the futures market. Reviews three major models: Purchasing power parity (PPPM), account balance (CABM), portofolio balance (PFBM). Two newer models: random walk (RWM), Fischer effect (IFEM). The hypothesis and appeal of each model. Theoretical validity of the models. Usefulness as tools for monetary management.
  • The Functions of Eurobonds and Eurodollars in the Banking System
    Defines & describes the concepts of Eurodollars & Eurobonds. Explains the use & function of these financial instruments in the global finance markets.
  • FOREIGN EXCHANGE RISK IN CHILE
    Forecasts the exposure for transaction risk, translation risk and economic exposure in Chile, and discusses methods for mitigating those risks. Background of the Chilean economy; its volatile currency.
 

Related Pages




/essays/skin/research/images/custom-side.jpg

Become a Premium Member. Buy all pre-written essays for only $2 per page! AND Get $1 of store credit for every $10 you spend!

Subjects

 
Show all subjects...