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coperture di cambio a termine

English translation: forward exchange cover


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Italian term or phrase:coperture di cambio a termine
English translation:forward exchange cover
Entered by: simon tanner
Options:
- Contribute to this entry
- Include in personal glossary

13:50 Sep 20, 2010
Italian to English translations [PRO]
Bus/Financial - Economics / paper on introduction of euro
Italian term or phrase: coperture di cambio a termine
Academic paper looking back at the arguments given for introducing the euro, among which were increased economic efficiency,
"grazie alla scomparsa: a) dei costi di transazione; b) della variabilità del cambio, che avrebbe eliminato i costi delle ***coperture di cambio a termine*** e favorito i flussi commerciali e gli investimenti diretti esteri..."

I realise that "cambio a termine" is in a couple of personal glossaries, but some Kudoz ratification, plus a translation for "coperture" in this context would really help.

Thanks!
simon tanner
Italy
Local time: 19:49
forward exchange cover
Explanation:
Hedging via the forward market
A company can buy forward for delivery on the settlement date. Long term forward exchange cover is created to hedge foreign currency loans taken by companies. The company can approach any of the foreign exchange dealer and obtain a forward cover for the entire duration of the loan repayment period.
http://mirzarafathbaig.blog.com/page/2/



costi delle coperture di cambio a termine
cost of forward exchange cover



cost of forward exchange cover
http://shortify.com/11082
Selected response from:

casper
Grading comment
thanks! Hard to choose, but this seemed to be the most widely used
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +1forward exchange covercasper
5forward currency hedges
James (Jim) Davis


  

Answers


1 hr   confidence: Answerer confidence 5/5
forward currency hedges


Explanation:
The single currency eliminated currency risk for internal EU trade so there is now no longer any need to take out forward derivative currency contracts to hedge the risk. In fact with only one currency it would be difficult.

http://www.google.com/search?source=ig&hl=en&rlz=&=&q="forwa...

James (Jim) Davis
Italy
Local time: 19:49
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 340
Notes to answerer
Asker: Thanks, Jim. I imagine either could have worked, but plumped for the one that seemed most widely used.

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3 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
forward exchange cover


Explanation:
Hedging via the forward market
A company can buy forward for delivery on the settlement date. Long term forward exchange cover is created to hedge foreign currency loans taken by companies. The company can approach any of the foreign exchange dealer and obtain a forward cover for the entire duration of the loan repayment period.
http://mirzarafathbaig.blog.com/page/2/



costi delle coperture di cambio a termine
cost of forward exchange cover



cost of forward exchange cover
http://shortify.com/11082

casper
Native speaker of: Native in EnglishEnglish
PRO pts in category: 4
Grading comment
thanks! Hard to choose, but this seemed to be the most widely used

Peer comments on this answer (and responses from the answerer)
agree  James (Jim) Davis: @Simon, if you Google on hedge and hedges, then the sum beats cover ;-) but both trans are good, although hedge is not open to ambiguity. Prego :)))
1 day14 hrs
  -> Thank you, Mr Davis
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