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Blurry FX Risk Strategy: Corporates Playing Chicken with Currency Movements

Blurry FX Risk Strategy: Corporates Playing Chicken with Currency Movements
A recent survey undertaken on behalf of MillTechFX suggested that many CFOs, treasurers and other senior finance decision-makers don’t have a clear strategy for mitigating FX risk. While 69% of respondents stated that their bottom lines were affected by domestic currency volatility, the proportion hedging their currency risk descended from 89% in 2022 to 70%, and there was also a fall in the average hedge ratio.Hedging skeptics may have been emboldened by the results of Kyriba’s first quarter c... Read More
Posted: Nov 1 2023, 13:41
Author Name: financemagnates
Views: 091958

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