Manya Maheshwari

How Do Currency Derivative Instruments Function as Hedging Mechanisms for Multinational Firms Operating in High Volatility Forex Environments, And to What Extent Do They Transfer Versus Redistribute Exchange Rate Risk Within the Financial System?

As a result of globalization and growing international trade, MNCs are increasingly exposed to forex risks (foreign exchange rate risk) due to the fluctuation of currency values. In countries with significant forex market volatility, uncertainty regarding exchange rates has a significant impact on an organization’s pro...