PL EN


2009 | 1 | 13-26
Article title

Stopy zwrotu na rynkach miedzynarodowych

Selected contents from this journal
Title variants
EN
RATE OF RETURNS IN INTERNATIONAL AND CROSS-BORDER OPERATIONS
Languages of publication
PL
Abstracts
EN
Investment portfolios generally contain assets from several countries. It is necessary to both convert the returns of the various securities into referential currency and calculate the portfolio returns in that currency. Exchange rates allow the quotes of a security in one currency to be converted into its equivalent value in another currency. Therefore it is possible to express the value of foreign assets in the currency of the country that has been chosen as a reference. This problem becomes even more complicated when investment fund or investors operate in many countries. In this article exchange rates are briefly presented and calculation formulas are explained when returns are either hedged or not hedged against currency risk.
Year
Issue
1
Pages
13-26
Physical description
Document type
ARTICLE
Contributors
  • Jerzy Nowakowski, Szkola Gl√≥wna Handlowa w Warszawie, Katedra Bankowosci, al. Niepodleglosci 162, 02-554 Warszawa, Poland
References
Document Type
Publication order reference
Identifiers
CEJSH db identifier
10PLAAAA082821
YADDA identifier
bwmeta1.element.01a80e43-2584-3bec-b354-88e5d0c23a8b
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