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Risk Management Strategy ProposalBHP Billiton and Euro

Received: 6 August 2015     Accepted: 12 August 2015     Published: 21 August 2015
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Abstract

BHP Billiton is an Anglo-Australian multinational mining, metals and petroleum company headquartered in Melbourne, Australia. It is the world's largest mining company measured by 2013 revenues. The company has a large amount of business in Europe every year.In this article we focus on the risk and the risk management strategy for BHP on the Euro and try to establish a better way to hedge the foreign exchange risk for BHP.

Published in International Journal of Economics, Finance and Management Sciences (Volume 3, Issue 5)
DOI 10.11648/j.ijefm.20150305.11
Page(s) 411-416
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2015. Published by Science Publishing Group

Keywords

Bhp, Euro, Transaction Exposure, Economic Exposure, Translation Exposure

References
[1] BHP Billiton. Annual Report 2010-2015
[2] Brussels. 2015. Spring 2015 Economic Forecast: Tailwinds support the recovery.
[3] Cheaper Oil, Monetary Stimulus Spur EU to Lift 2015 Economic Growth Forecast - WSJ. 2015.
[4] ASX. 2014. Sustainability Report 2014.
[5] Historical exchange rates from 1953 with graph and charts. 2015.
[6] Euro Area - Interest Rate - Forecast - Actual Data - Historical Charts. 2015.
[7] Euro Area Interest Rate Forecast. 2015. Euro Area Interest Rate Forecast.
[8] ECB Raises Economic Forecasts for Eurozone Ahead of Stimulus Program - WSJ. 2015.
[9] Yahoo Finance. 2015. BHP Historical Prices.
[10] Economic Research Federal Reserve Bank of St. Louis. 2015. U.S./Euro Foreign Exchange Rate.
Cite This Article
  • APA Style

    Wei Xin. (2015). Risk Management Strategy ProposalBHP Billiton and Euro. International Journal of Economics, Finance and Management Sciences, 3(5), 411-416. https://doi.org/10.11648/j.ijefm.20150305.11

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    ACS Style

    Wei Xin. Risk Management Strategy ProposalBHP Billiton and Euro. Int. J. Econ. Finance Manag. Sci. 2015, 3(5), 411-416. doi: 10.11648/j.ijefm.20150305.11

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    AMA Style

    Wei Xin. Risk Management Strategy ProposalBHP Billiton and Euro. Int J Econ Finance Manag Sci. 2015;3(5):411-416. doi: 10.11648/j.ijefm.20150305.11

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  • @article{10.11648/j.ijefm.20150305.11,
      author = {Wei Xin},
      title = {Risk Management Strategy ProposalBHP Billiton and Euro},
      journal = {International Journal of Economics, Finance and Management Sciences},
      volume = {3},
      number = {5},
      pages = {411-416},
      doi = {10.11648/j.ijefm.20150305.11},
      url = {https://doi.org/10.11648/j.ijefm.20150305.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20150305.11},
      abstract = {BHP Billiton is an Anglo-Australian multinational mining, metals and petroleum company headquartered in Melbourne, Australia. It is the world's largest mining company measured by 2013 revenues. The company has a large amount of business in Europe every year.In this article we focus on the risk and the risk management strategy for BHP on the Euro and try to establish a better way to hedge the foreign exchange risk for BHP.},
     year = {2015}
    }
    

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  • TY  - JOUR
    T1  - Risk Management Strategy ProposalBHP Billiton and Euro
    AU  - Wei Xin
    Y1  - 2015/08/21
    PY  - 2015
    N1  - https://doi.org/10.11648/j.ijefm.20150305.11
    DO  - 10.11648/j.ijefm.20150305.11
    T2  - International Journal of Economics, Finance and Management Sciences
    JF  - International Journal of Economics, Finance and Management Sciences
    JO  - International Journal of Economics, Finance and Management Sciences
    SP  - 411
    EP  - 416
    PB  - Science Publishing Group
    SN  - 2326-9561
    UR  - https://doi.org/10.11648/j.ijefm.20150305.11
    AB  - BHP Billiton is an Anglo-Australian multinational mining, metals and petroleum company headquartered in Melbourne, Australia. It is the world's largest mining company measured by 2013 revenues. The company has a large amount of business in Europe every year.In this article we focus on the risk and the risk management strategy for BHP on the Euro and try to establish a better way to hedge the foreign exchange risk for BHP.
    VL  - 3
    IS  - 5
    ER  - 

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Author Information
  • Finance, College of Business and Economics, Australian National University, Canberra, Australia

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