Risk is a state, which is likely to emerge of loss or damage. Its management is very important in every part of our lives. Risk and its management have been seen as a key role in financial economics for the last two decades. Related to this, the notion of value at Risk (VaR), which measures the worst expected loss that an institution can suffer over a given time interval under normal market conditions ata given canfidence [evet, is ofimportance due to the measure and management of market risk. The goal of the study is to investigate the structure ofvolatility in Turkishforeign exchange market by using parametric VaR, by doing so, we use EWMA (Exponentially Weighted Moving Average) for the whole period 1990- 2003 and sub-periods including the term 1990-1993; 1994-1999; 2000-2003 for the Dotlar/TL and 1999-2003 for Euro/TL. Finally the paper focuses on the banking sector's risk management considering their FX positions.
scite shows how a scientific paper has been cited by providing the context of the citation, a classification describing whether it supports, mentions, or contrasts the cited claim, and a label indicating in which section the citation was made.
The articles in Bibliomed are open access articles licensed under Creative Commons Attribution 4.0 International License (CC BY), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/.
We use cookies and other tracking technologies to work properly, to analyze our website traffic, and to understand where our visitors are coming from. More InfoGot It!