ASSESSMENT OF INTERNAL CONTROL OF CURRENCY RISKS EFFICIENCY
The paper states that the economic crisis of 2008 - 2010 demonstrated that currency risk control in companies that operate on international markets should be an integral part of financial management. The paper examines the components of currency risks, the methods of measuring of company's exposure to the negative influence of exchange rate fluctuations, as well as guidelines and mechanisms to minimize the risks. The author identifies ways to improve internal currency risks control system and puts forward a model of quantitative assessment of its efficiency.