10/15/2009

Review of Managing Global Financial and Foreign Exchange Rate Risk (Hardcover)

This is a decent enough book and will provide a good introduction to those who want to understand the basics of the foreign exchange market and, in particular, the details of financial instruments that can be used. To me, that is the problem though; the title alludes to managing risk, but this is really mostly (but not entirely) just yet another book explaining all the instruments that can be used. These are a dime a dozen and the reader would have been better served if the author focused on what the title promised. Still, if you are a corporate treasurer without much experience this book will be helpful.



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