<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0123-5923</journal-id>
<journal-title><![CDATA[Estudios Gerenciales]]></journal-title>
<abbrev-journal-title><![CDATA[estud.gerenc.]]></abbrev-journal-title>
<issn>0123-5923</issn>
<publisher>
<publisher-name><![CDATA[Universidad Icesi]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0123-59232007000300006</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[LA TASA DE CAMBIO: ¿ES GERENCIABLE?]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[RAMÍREZ]]></surname>
<given-names><![CDATA[ELBAR]]></given-names>
</name>
<xref ref-type="aff" rid="A01"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[CAJIGAS ROMERO]]></surname>
<given-names><![CDATA[MARGOT]]></given-names>
</name>
<xref ref-type="aff" rid="A02"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[LOZANO REYES]]></surname>
<given-names><![CDATA[FANOR]]></given-names>
</name>
<xref ref-type="aff" rid="A03"/>
</contrib>
</contrib-group>
<aff id="A01">
<institution><![CDATA[,Universidad Nacional de Colombia  ]]></institution>
<addr-line><![CDATA[Palmira ]]></addr-line>
</aff>
<aff id="A02">
<institution><![CDATA[,Universidad Autónoma de Occidente  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
</aff>
<aff id="A03">
<institution><![CDATA[,Universidad Nacional de Colombia  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>09</month>
<year>2007</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>09</month>
<year>2007</year>
</pub-date>
<volume>23</volume>
<numero>104</numero>
<fpage>131</fpage>
<lpage>156</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S0123-59232007000300006&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S0123-59232007000300006&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S0123-59232007000300006&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[El estudio "La tasa de cambio: ¿Es gerenciable?" define el tipo de cambio como el precio de una moneda en función de otra, señalando su influencia en los mercados, al formar los precios. Son los regímenes cambiarios fijo, flotante y administrado, los empleados para orientar la política cambiaria, pudiéndose predecir el tipo de cambio mediante la observación analítica de diez factores esenciales, herramienta que le permite al administrador, pronosticar la tasa de cambio y decidir sus operaciones comerciales con visión gerencial.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Exchange rate: is it manageable? The paper titled "Exchange rate: is it manageable?" defines exchange rate as the price of a currency in function of another, thereby noting the influence it has on setting prices in the markets. Fixed, variable and managed exchange systems are used for guiding the exchange policies and forecasting exchange rates based on an analytical review of 10 determining factors. This tool enables administrators to forecast exchange rates and make decisions about their business operations with a management vision.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Tasa de cambio]]></kwd>
<kwd lng="es"><![CDATA[predicción]]></kwd>
<kwd lng="es"><![CDATA[dirección financiera]]></kwd>
<kwd lng="es"><![CDATA[formación de precios]]></kwd>
<kwd lng="es"><![CDATA[gerencia]]></kwd>
<kwd lng="en"><![CDATA[Exchange rate]]></kwd>
<kwd lng="en"><![CDATA[forecast]]></kwd>
<kwd lng="en"><![CDATA[financial management]]></kwd>
<kwd lng="en"><![CDATA[pricing]]></kwd>
<kwd lng="en"><![CDATA[management]]></kwd>
</kwd-group>
</article-meta>
</front><body><![CDATA[  ]]></body><back>
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