Building on his previous work, Currency Risk Management, Gary Shoup builds a complete foreign currency management program, showing managers and their risk consultants how it is done in the real world. This extensive text covers everything managers and consultants need to implement a total currency management program, from trends in exchange rates to understanding pricing determinants. Shoup discusses in detail the problem with foreign currency, currency arrangements, the market, price forecasting, exposure risk, hedge transactions, trading forwards and futures, and much more.