FUZZY APPROACH TO MEASURE FOREIGN EXCHANGE EXPOSURE

CHE MOHD IMRAN CHE TAIB; ABU OSMAN MD.TAP; AHMAD FAKHARUDDIN ABD RAHMAN

FUZZY APPROACH TO MEASURE FOREIGN EXCHANGE EXPOSURE

Files

91-95.pdf (2.75 MB)

Date

2007

Authors

CHE MOHD IMRAN CHE TAIB

ABU OSMAN MD.TAP

AHMAD FAKHARUDDIN ABD RAHMAN

Publisher

Journal of Sustainability Science and Management

Abstract

Multinational firms are directly exposed to the impact of unexpected changes in foreign exchange rate. The practice of floating currency system and currency volatility characteristic always has an influence and cannot be avoided. Using fuzzy interval method, this study evaluates the foreign exchange rate exposure faced by thirty-three Malaysian firms throughout twenty-four months regression. Our result shows that Malaysian firms were effected by Ringgit Malaysia devaluation. The number of firms having negative exposure will increase with the exposed period.

Keywords

Fuzzy criterion, fuzzy interval, foreign exchange rate

URI

http://hdl.handle.net/123456789/7165

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