01548cas a2200241 a 4500 AALejournalIMF003433 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451860566 1018-5941 BD-DhAAL BD-DhAAL Chan-Lau, Jorge. Hedging Foreign Exchange Risk in Chile : Markets and Instruments / Jorge Chan-Lau. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (23 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Policy makers have expressed interest in fostering the development of local foreign exchange derivatives markets with a view to reducing risks arising from currency mismatches between assets and liabilities in the corporate sector. This paper assesses foreign exchange exposure in the corporate sector in Chile, analyzes the current state of the foreign exchange derivatives market in Chile, and argues that liquid and developed foreign exchange derivatives markets can help promote financial stability. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2005/037 Full text available on IMF http://elibrary.imf.org/view/journals/001/2005/037/001.2005.issue-037-en.xml IMF e-Library