CURRENCY RISK SHARING
Negotiated agreement between two parties where they agree to split the risk from exchange rate changes. In general, it entails a price adjustment provision in which the base price of the transaction is adjusted if the currency rate fluctuates beyond a defined neutral band or zone. It happens only if the rate at the time of transaction goes beyond the band. A form of hedging currency risk, it seeks to remove the zero-sum game nature of currency fluctuations where one party benefits at the detriment of another.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
