Book review: managing currency risk: how Japanese firms choose invoicing currency by Takatoshi Ito, Satoshi Koibuchi, Kiyotaka Sato and Junko Shimizu

In Managing Currency Risk: How Japanese Firms Choose Invoicing Currency, Takatoshi Ito, Satoshi Koibuchi, Kiyotaka Sato and Junko Shimizu explore the factors that influence why certain currencies are used in international trade by Japanese exporting firms. This well-written contribution offers a new approach to international currencies with conclusions that extend beyond the yen, writes Oscar Ugarteche, and will be useful for students of international finance, analysts who delve into international currencies and financial managers.