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Chinese Journal of Management Science ›› 2000, Vol. ›› Issue (4): 2-6.

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An Analysis about Two Methods of Currency Risk Hedging

XIE Chi, WU Xiao   

  1. International Business School, Hunan University, Changsha 410082, China
  • Received:2000-01-05 Online:2000-12-28 Published:2012-03-06

Abstract: The paper discusses the issue of choosing between currency forward and currency futures contracts during hedging against currency risk within a stochastic interest rate environment.It compares the pricing of two derivative assets both within a narrow sense and within a wide sense.

Key words: currency risk, hedging, currency forward, currency futures

CLC Number: