Companies that trade internationally should have clearly defined foreign exchange and interest rate policies that serve as a framework for their financial strategies. We can help you develop such policies.
Your management must consider what the financial strategy needs to cover, the time horizon, and the framework for the operational implementation. Then together we can formulate a foreign exchange policy, including procedures on how to treat currency risk. For example, it is important to identify the cash flows in each currency to gain an overview of aggregate risk.
Speak to your local business relationship manager about foreign exchange policy or read about hedging currency risk.