Q&A: Noble Group
Apr 29, 2013
Currency hedging best practice
CT explores a handful of currency hedging strategies to highlight the benefits of having a simple working philosophy in place
A CFO of a large consumer electronics manufacturer based in China recently told CT he never uses derivatives to speculate on currency. In the same breath, he explained how he regularly bought FX accumulators to take advantage of the renminbi’s strengthening against the US dollar in the past few years.
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