Treasury practice: crash course in currency-risk management
Even for the smallest company, currency risk is always present. The options for treasurers are manifold, but good hedging practice starts with knowing your business.
When it comes to currency-risk management the treasurer can be faced with several sometimes bewildering options. They can use a natural offset with different currency accounts, they can use forward contracts, they can use over-the-counter options or structured option strategies.
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