Currency Arbitrage as a Tool of Corporate Financial Management

• Autorzy: Marek Zaboj
• Języki publikacji: EN

Abstrakty

EN

The paper is focused on using of currency (foreign exchange) arbitrage. Given the possibility of obtaining financial capital in different currencies, possible doing business with currency exchange office and other services for foreign tourists, the currency arbitrage seems to be one of the opportunities to increase economic efficiency of disposable capital in business subjects. The main goal of this paper is proposal of a new approach to foreign arbitration process with reference to the generally applicable rules in the relationship between exchange rates and places of purchase or sale of foreign currency. On the real example will be then proved this thesis. Partial aim is through mathematical derivation to determine the level of costs, from which the given operation will be profitable. (original abstract)

Słowa kluczowe

EN

Commercial arbitration; Currencies; Exchange rates; Exchange rate variability; Exchange rate instability; Currency convertibility; Capital cost; Enterprises financial management; Financial management

PL

Arbitraż gospodarczy; Waluta; Kurs walutowy; Zmienność kursu walutowego; Niestabilność kursu walutowego; Wymienialność waluty; Koszt kapitału; Zarządzanie finansami przedsiębiorstwa; Zarządzanie finansami

• Czasopismo: Perspectives of Innovations, Economics and Business
• Rocznik: 2016
• Tom: 16
• Numer: nr 1
• Strony: 21--36

Twórcy

autor

Marek Zaboj

• College of Business and Hotel Management, Czech Republic

Bibliografia

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Identyfikatory

DOI

10.15208/pieb.2016.03