High volatility increases the cost of currency hedging and reduces investors’ risk-adjusted return. [Chart: The krone exchange rate and altered expectations] Let me conclude. The krone has depreciated, but the degree of depreciation varies across different currencies. This uncertainty, which is indicated by the costs of hedging against future exchange rate fluctuations in the short term, is now relatively limited for the Norwegian krone compared with other currencies on the rim of the euro area. Changes in the terms of trade are an important source of exchange rate fluctuations. 1 Introduction In the summer of 2013, the London WMR 4pm Fix moved from the ne print of foreign exchange contracts to the headlines of newspapers. The London WMR 4pm Fix (or just the \Fix" hereafter) is a key reference rate in the spot foreign exchange market used extensively by market participants.1 Given the high degree of reliance that investors place on benchmarks, the 2013 news reports ... When I converted Word docs to PDFs, Acrobat was used to recognize the checkboxes. It does not anymore, and now I have to add checkboxes to pages of my documents manually... I'm talking almost 100 checkboxes, and it takes A LOT of time to have to manually add and arrange them properly. PLEASE How can...
