Cover -- Contents -- Acknowledgments -- Review of Foreign Exchange Rates -- Chapter 1: FX Operating Exposure -- Chapter 2: FX Economic Exposure -- Chapter 3: FX Business and Equity Exposure -- Chapter 4: FX Translation Exposure -- Chapter 5: Foreign Currency Debt -- Chapter 6: Currency Swaps --...

An asset and liability management framework for managing risks arising from sovereign foreign exchange obligations requires a joint analysis of (i) the external financial liabilities resulting from a country's sovereign debt and (ii) the foreign exchange assets of its central bank. Governments...