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Protecting Your Buy from Foreign Currency Exposure

  • Victor H. Pooler
Part of the VNR Materials Management/Logistics Series book series (CHMMLS)

Abstract

Buyer Michael insists, “I’ll buy only with good-old U. S. bucks, so there is no confusion about what we’ll pay.” Michael negotiates with England’s Chris & Mandy, Ltd. for 10,000 woolen blankets at $40 each. The deal is set for delivery in six months. Michael is among those buyers who don’t want to worry about exchange rates, or get in currency translation problems.

Keywords

Exchange Rate Foreign Currency Future Price Future Contract Black Market 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 1992

Authors and Affiliations

  • Victor H. Pooler

There are no affiliations available

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