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How to hedge effectively in the Philippines

For the CFO of Concepcion Industrial Corp, an effective way of beating the paperwork associated with deliverable forwards exists.
How to hedge effectively in the Philippines

How does a treasurer cope when the document-heavy process for deliverable forwards shackles how long they can hedge for? For Victoria A Betita of Concepcion Industrial Corporation, using non-deliverable forwards is an effective but underused way to overcome Philippine bureaucracy.

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