Boards choose forex to hedge as protection strategy
Boards whose companies invest internationally – and especially companies in the resources sector – are increasingly hedging investments as part of a foreign exchange strategy to combat and protect against softening economic conditions.
Boards whose companies invest internationally – and especially companies in the resources sector – are increasingly hedging investments as part of a foreign exchange strategy to combat and protect against softening economic conditions.
The chairman of Elders , Hutch Ranck , also a non-executive director of Iluka Resources , says weaker economic conditions are giving companies the opportunity to be more relaxed with hedging decisions.
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