The use of foreign exchange derivatives by exporters and importers the Chilean experience
Loading...
Date
2016-12
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Banco Central de Chile
Abstract
This research note analyses the use of foreign exchange (FX) derivatives by Chilean exporters and importers (EXIM) that conduct international transactions in foreign currencies. It seeks to answer the questions of how many derivatives are used, how are they used and what are their characteristics. These questions are highly relevant as EXIM firms generate currency mismatches between their assets and liabilities and potentially increase their exposure to financial instability due to exchange rate fluctuations.
Description
Keywords
EXPORTACIONES, IMPORTACIONES, TIPO DE CAMBIO