01694cas a2200253 a 4500 AALejournalIMF007476 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451845549 1018-5941 BD-DhAAL BD-DhAAL Abrams, Richard. The Prudential Regulation and Management of Foreign Exchange Risk / Richard Abrams, Paulina Beato. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (33 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 This paper examines issues in the prudential management and regulation of foreign exchange risk. It begins with measurement issues, notably converting foreign currency items into domestic currency terms, and calculating foreign exchange positions. The focus then shifts to managing foreign exchange risks. Although the key to effective management lies in the bank's reporting and internal control systems, regulators frequently seek to limit such risks directly. This usually involves limiting the overall open position in terms of bank capital or requiring that capital be set aside against such risks. Mode of access: Internet Beato, Paulina. IMF Working Papers; Working Paper ; No. 1998/037 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/037/001.1998.issue-037-en.xml IMF e-Library