Exchange Rate Volatility & Corporate Nepal (Rare) – Shakespeare Vaidya

As corporate sector is one of the prime areas of the economy and contributing a lot in the nation’s development, its progress is of immense importance. After experiencing notable problems from the unstable exchange rates in the corporate sector, basically, this book has been written to pursue verification of the problem vis-a-vis exchange rate volatility.
In the meantime, whether Nepalese corporate are able to manage currency exposure efficiently is also an issue. If not, what is the cost of such in their financial statement is the big question not only to them practically, but also to the policy makers and academicians as well. Drawing heavily in the exchange rate volatility and managing currency risk with regards to Nepalese corporate, this book describes how these companies undertake risk responsibilities, use of options and moreover, in the given multiple circumstances of foreign exchange policy by the central bank. Most of the topics have tried to define the reasons for currency fluctuation; its implication and the question like how long under the influence of Indian currency in the name of open border has also been discussed and whether it is sustainable to the corporate always.
The author, Sha! espeare Vaidya, an MBA and Master in Banking and Finance from Europe is the Chief Analyst in Monitor Nepal, a risk analysis and credit rating company, the first of its kind in the country since five years, and responsible for analyzing risk of various nature. Previously, he was associated with the bank, and have extensive knowledge in banking, teaching and research and the founder of the Institute of Business and Banking Studies for follow up and executive training for managers and corporate since one decade. He has received several other professional degrees like Diploma in Foreign Exchange (Pune), Diploma in Rural Development (Banglore), and a law degree. He is actively involved in providing analytical financial and economic information to corporate both national and international having business relationships with Nepal or intending to establish such, to safeguard from business failures, crash and sickness.
Mr. Vaidya has published several books and articles in contemporary issues in journals and newspapers. His Project Failures and Sickness in Nepal; and Growing Capitalist Culture of Consumption in Nepal have been widely accepted by readers both in Nepal and abroad. His business reports like, Executive Brief and Investment Outlook, are widely circulated among corporate in different
countries.

Exchange Rate Volatility & Corporate Nepal (Rare) – Shakespeare Vaidya