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    Foreign exchange exposure and management

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    What are some financial crisis that have occurred in the last 10 years identify the causes and what were the solutions?

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    Foreign exchange exposure and management

    ? Black Monday is the title given to one of the most notorious days in recent financial history. On October 19, 1987 the Dow Jones Industrial Average (DJIA) lost almost 22% in a single day. That event marked the beginning of a global stock market decline. By the end of the month, most of the major exchanges had dropped over 20%.
    Interestingly enough, the cause of the massive drop cannot be attributed to any single news event, because no major news event was released on the weekend preceding the crash. While there are many theories that attempt to explain why the crash happened, no consensus argument can explain why Black Monday happened, but most agree that mass panic had caused the crash to escalate. Since Black Monday, there have been multiple ...

    Solution Summary

    Foreign exchange exposure and management

    ? Black Monday is the title given to one of the most notorious days in recent financial history. On October 19, 1987 the Dow Jones Industrial Average (DJIA) lost almost 22% in a single day. That event marked the beginning of a global stock market decline. By the end of the month, most of the major exchanges had dropped over 20%.
    Interestingly enough, the cause of the massive drop ...

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