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Ökonomische Wechselkursrisiken: Relevanz, Bestimmung und Steuerung im russisch-deutschen Geschäftsverkehr
[Foreign Exchange Risk: Relevance, Analysis and Management in German-Russian Business]

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  • Bleuel, Hans-H.

    (Department of Economics of the Duesseldorf University of Applied Sciences)

Abstract

This paper starts with a brief summary on corporate foreign exchange risk management. The second chapter overviews the development of the Rouble-Euro exchange rate in the last decade. The fluctuations of this parity impact significantly the international competitiveness of German and Russian enterprises with resulting effects on the bilateral trade and business. The corporate internationalisation strategies and risk management procedures need to take account of this business environment.

Suggested Citation

  • Bleuel, Hans-H., 2014. "Ökonomische Wechselkursrisiken: Relevanz, Bestimmung und Steuerung im russisch-deutschen Geschäftsverkehr [Foreign Exchange Risk: Relevance, Analysis and Management in German-Russian Business]," Duesseldorf Working Papers in Applied Management and Economics 25, Duesseldorf University of Applied Sciences.
    • Handle: RePEc:ddf:wpaper:25
    Note: Dies ist der zweite von insg. sechs Beiträgen in Bleuel, Hans-H. (Hrsg.): Ausgewählte Themen zu den deutsch-russischen Wirtschaftsbeziehungen. Düsseldorf, 2014.
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    File URL: https://nbn-resolving.org/urn:nbn:de:hbz:due62-opus-8500
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    References listed on IDEAS

    as
    1. Gordon M. Bodnar & Bernard Dumas & Richard C. Marston, 2002. "Pass‐through and Exposure," Journal of Finance, American Finance Association, vol. 57(1), pages 199-231, February.
    2. Bank for International Settlements, 2013. "Market volatility and foreign exchange intervention in EMEs: what has changed?," BIS Papers, Bank for International Settlements, number 73, October –.
    3. Leena Suhl & Stefan Voß, 2013. "BISE – Call for Papers Issue 3/2014," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 5(1), pages 55-55, February.
    4. Hans-H. Bleuel, 2014. "Asian Currency Cooperation and the Potential Microeconomic Effects of Reduced Exchange Rate Fluctuations," Financial and Monetary Policy Studies, in: Frank Rövekamp & Hanns Günther Hilpert (ed.), Currency Cooperation in East Asia, edition 127, pages 133-142, Springer.
    5. Bleuel, Hans-H., 2008. "Ein Analyseraster zur Bestimmung langfristiger Wechselkursrisiken von Unternehmen dargestellt am Beispiel der US-Dollar-Abwertung," Duesseldorf Working Papers in Applied Management and Economics fobe02, Duesseldorf University of Applied Sciences.
    6. Bleuel, Hans-H., 2008. "Ein Analyseraster zur Bestimmung langfristiger Wechselkursrisiken von Unternehmen dargestellt am Beispiel der US-Dollar-Abwertung," Duesseldorf Working Papers in Applied Management and Economics 02, Duesseldorf University of Applied Sciences.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Rubel; Euro; Wechselkursrisiko; Risikomanagement; Russland; Wirtschaftsbeziehung; Exposure; Risk Management; Russia; Economic Relation;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

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