Title of article :
Fuzzy Approach to Measure Foreign Exchange Exposure
Author/Authors :
CHE TAIB, CHE MOHD IMRAN Universiti Malaysia Terengganu - Faculty of Sciences and Technology - Mathematics Department, Malaysia , MD. TAP, ABU OSMAN Universiti Malaysia Terengganu - Faculty of Sciences and Technology - Mathematics Department, Malaysia , ABD RAHMAN, AHMAD FAKHARUDDlN Universiti Malaysia Terengganu - Faculty of Management and Economy - Department of Accounting and Finance, Malaysia
Abstract :
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 affected 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
Journal title :
Journal of Sustainability Science and Management
Journal title :
Journal of Sustainability Science and Management
