th the contract had to buy or vice versa, to buy currency, which Rui client had to sell. In this purchase (sale) of the corresponding amount of currency in the market can Ober nutsya decreasing t kami for the bank.
. Currency futures n s contracts. As well as forwarders dnye exchange contracts, futures pre d constitute a with agreements to buy or straight on to det e divided amount of foreign currency at a certain date in the future. About Dr. however unlike forward contracts their conditions may be enough to rev le g of friction. In addition, these contracts can ryt free-on the bottom of the exchange-traded financial futures (eg, Uffe - London Inte rn ational Financial Futures Exchange - London Internat d tion Financial Futures Exchange). However, currency futures ns contracts have not yet received wide ra with the space of f.
. Currency options. Despite the similarity in name with Fourway p dnymi in Lute and contracts with an option, they are a tool that gives them the right errand, and is (not the obligation) to buy a certain amount of strange wa Institute rency at any particular rate within a limited pe riod of time or After this period. Currency options are of two types :) Option «call» gives its buyer the right to buy the currency, specifies n ing contract at a fixed rate (the seller of the option will be to sell the corresponding currency sponding this ky su p).) Option «put» gives its buyer the right to sell the currency, Ogove of Rennes th contract, at a fixed rate mu (the seller of the option to buy l wives will respec t sponding currency at this rate).
. Currency swaps. A currency swap is an agreement between two parties to exchange future payments in lots of different shaft th minute.swaps can be divided into the following two types:
* Swaps liabilities (obligations);
* swaps assets.swap liability - this exchange of promises to pay proce n Comrade maturity and wasps n ovnogo debt in one currency for such obligations in other currencies. The purpose of such a swap, in addition. reduce long-term foreign currency When ska, is also reducing costs in connection with the direct and involve tion funds.swap assets enables parties to the agreement to exchange cash income from an asset (for example, investment) and in one currency to similar to moves in other currencies. This swap is aimed at long-term decline of the currency risk and increase profitability ak tives (investments).
. Acceleration or delay of payments (leading and lagging). Or h acceleration and support payments used for the implementation of the operations of the foreign shaft w. The bank, in accordance with their expectations of future changes in exchange rates may require its debtors mustache Square or delay payments. This technique used to protect against currency risk or receive e of the gains from currency fluctuations. However, the risk of loss is still present, as it is likely 'wrong before directing legend e of exchange rate changes.
. Diversification of the bank in foreign currency. This method of e Redeye currency risk involves constant monitoring of yannoe foreign currency fluctuations. And as Mr. and predict likely to reign such oscillations is extremely difficult, the banks to reduce the risk of losing as a result of unfavorable changes in exchange rates have resorted to diversify assets denominated in foreign shaft u ter.
. Currency risk insurance. Cur...
