Building Blocks for Effective FX Risk Management

Custom content for Western Union by studioID

As a company’s supply chain and customer footprint grow geographically, exchange rate volatility can create challenges for financial decision makers. And with supply chain issues related to COVID-19, these challenges have become even more complicated.

The basic concept behind FX risk management for transactional exposures is quite simple: Asset-liability management of payables, receivables, and other cash flow related items in non-functional currencies. Unfortunately, many companies do not take a proactive approach to hedging FX risk until after rates move against them, causing a negative impact to their profitability. This playbook will outline the building blocks for effective FX risk management. It will cover:

  • Specific questions to help you decide whether a hedge strategy is right for your company
  • Factors to consider when choosing tactics to mitigate your currency risk
  • How to decide which hedge product and partner to use for managing your company’s FX risk


GET THE PLAYBOOK

Field will not be visible to web visitor
Field will not be visible to web visitor
Field will not be visible to web visitor
Field will not be visible to web visitor
Field will not be visible to web visitor

Copyright 2021 Industry Dive | Privacy Policy | Terms of Use