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Author:
Title:Currency
Journal:Euromoney Research Guides
1995 : JAN, p. 22-25
Index terms:CURRENCY
CENTRAL BANKS
ECONOMIC POLICY
Language:eng
Abstract:The lira's suspension from the European Monetary System in 1992, its subsequent 7% devaluation and the decision to allow the currency to float freely combined to generate and increased awareness of foreign exchange risk in Italy. The present unstable political situation and the uncertain path of the government's budget proposals has done nothing to diminish that interest. Market participants have been forced to take a more dynamic attitude to management of the foreign exchange risk.
SCIMA record nr: 127268
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