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Ekonomika preduzeća
2019, vol. 67, br. 3-4, str. 237-247
jezik rada: engleski
vrsta rada: pregledni članak
doi:10.5937/EKOPRE1904237J


Mogućnosti zaštite od valutnog rizika za korporativni sektor u Srbiji
Univerzitet u Beogradu, Ekonomski fakultet

Projekat

Rizici finansijskih institucija i tržišta u Srbiji - mikroekonomski i makroekonomski pristup (MPNTR - 179005)

Sažetak

Cilj rada jeste analiza mogućnosti za upravljanje valutnim rizikom za preduzeća u Srbiji. Značajnost upravljanja valutnim rizikom javlja se usled značajnog zaduživanja u stranim valutama i putem zajmova sa valutnom klauzulom. Dodatno, uvozne i izvozne aktivnosti kreiraju valutnu neusaglašenost između novčanih priliva i odliva preduzeća. U takvoj situaciji fiuktuacije EUR/RSD, USD/RSD, CHF/RSD i drugih relevantnih deviznih kurseva nameću potencijalne gubitke preduzećima koja posluju na tržištu Srbije. Sa druge strane, standardizovani instrumenti zaštite od valutnog rizika nisu razvijeni dok se nestandardizovani instrumenti koriste u malom obimu. U takvim okolnostima aprecijacija stranih valuta u odnosu na dinar može stvoriti značajne sistemske posledice kroz prelivanje valutnog u kreditni i druge povezane kategorije rizika.

Ključne reči

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