CRITERIA FOR ESTABLISHING A PROCEDURE FOR MANAGING CURRENCY RISK IN IMPORTING OIL SUPPLY ENTERPRISE

Abstract

One of the phenomenons that characterize the contemporary financial reality is the existence of exchange rates that fluctuate freely in the international financial markets. It suggests that the market of foreign currencies, one of the most volatile, affect the value of the companies that operate in foreign currencies and it has caused the incursion of the scientific community in the study of this problem. The present article has as objective to offer approaches for the realization of the management of the exchange risk starting from the application of technics of covering in the Company of Petroleum ABAPET. In the same one consideration are exposed for the realization of a correct management and administration of the risks by variation in the rate of change and suggest external coverings to minimize the exchange risk in the import operations that will allow the taking of decisions in this area of the finances of the company.

Keywords

• mercado de divisas
• riesgo cambiario
• técnicas de cobertura.