Focus on Currencies
Article Abstract:
The deutschemark dropped in 1983, but could possibly take center stage in late 1984. The dollar remains strong, showing only modest weakness. The dollar's strength is due to high United States interest rates, international tension, lack of confidence in other investments, and the international debt crisis. Even the United States Federal Reserve admits, however, that the eventual decline of the dollar is certain due to budgetary imbalance and excessively high interest rates. The Belgian government has addressed its economic problems well, but concern over Belgian political environment is crucial to the stability of the European Monetary System. The yen matched the strength of the dollar in 1983 which is exceptional. The pound is potentially quite weak. Major developments will probably not occur until fall 1984.
Publication Name: The Accountant
Subject: Business
ISSN: 0001-4710
Year: 1984
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Falling Dollar Signals Need for New Financial Hedging Strategies
Article Abstract:
The dollar's value is declining. New currency management strategies are being put into effect. Companies are using forward contracts, currency futures, and options to hedge their risks.
Publication Name: Cashflow Magazine
Subject: Business
ISSN: 0196-6227
Year: 1984
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