23. The following excerpt is from a 2010 article by Shah Gilani: In todays multinational corporations, managing

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23. The following excerpt is from a 2010 article by Shah Gilani:

In today’s multinational corporations, managing foreign-currency exposure has evolved into one of the key responsibilities of the chief financial officer (CFO). Former Microsoft Corp. (Nasdaq: MSFT)

CFO John Conners recently lamented that foreign-currency management is one of the most-difficult and least-understood jobs in finance. If CFOs struggle with currency exposure, we’re all in trouble.16 What can the CFO do to deal with foreign exchange risk?

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Foundations Of Global Financial Markets And Institutions

ISBN: 9780262039543

5th Edition

Authors: Frank J. Fabozzi, Frank J. Jones, Francesco A. Fabozzi, Steven V. Mann

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