Why are treasurers fixated on hedging FX during accounting periods?

Lack of clear visibility and technical know how has meant treasurers are not managing FX in the way they should.
Why are treasurers fixated on hedging FX during accounting periods?

The US Federal Reserve is still threatening the raise rates but raw economic numbers leave many in doubt as to when. China is promising to play straight on how its currency is valued but capital outflows weigh heavy on its mind. Central banks from India to Indonesia are issuing policies to defend their currencies from the expected effects of the above.

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