Stopy zwrotu na rynkach miedzynarodowych

• Authors: Jerzy Nowakowski , Borowski Krzysztof

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.

Keywords

EN

CROSS-BORDER OPERATIONS; RATE OD RETURNS

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Komitet Nauk o Finansach PAN
• Journal: FINANSE Czasopismo Komitetu Nauk o Finansach PAN
• Year: 2009
• Issue: 1
• Pages: 13-26
• Document type: ARTICLE

Contributors

author

Jerzy Nowakowski

author

Borowski Krzysztof

• Jerzy Nowakowski, Szkola Glówna Handlowa w Warszawie, Katedra Bankowosci, al. Niepodleglosci 162, 02-554 Warszawa, Poland

Identifiers

CEJSH db identifier

10PLAAAA082821