Achieve better long-term results with a suitable
FX-Policy.
With a suitable
FX policy achieve better long-term results
results.
Achieve better long-term results with a suitable FX policy.
Book an appointmentClear guidelines for your currency transactions.
First and foremost, creating a policy sounds like strict rules and bureaucracy. But it doesn't have to. A 1-page document that records the company's currency strategy is usually sufficient. So why bother?
No one knows how exchange rates will develop from one day to the other — forecasts are highly inaccurate. As humans, we often make irrational decisions — particularly with regard to risks. With a currency policy, you reduce the likelihood that adverse currency developments will affect your commercial margins. You also have a set of rules at hand that you can approve together with the Board of Directors and the owner.
No one knows how exchange rates will develop from one day to the other — forecasts are highly inaccurate. As humans, we often make irrational decisions — particularly with regard to risks. With a currency policy, you reduce the likelihood that adverse currency developments will affect your commercial margins. You also have a set of rules at hand that you can approve together with the Board of Directors and the owner.
Together with you, we will develop a suitable
FX policy.
In a personal conversation, we will show you which parameters you should set as a minimum:
Source of currency risks
Objectives of hedging
Hedging Strategy
Allowed foreign exchange instruments
Roles and Responsibilities
Authorised banks and counterparties
Clear guidelines for
your currency transactions.
Clear guidelines for your currency trading.
First and foremost, creating a policy sounds like strict rules and bureaucracy. But it doesn't have to. A 1-page document that records the company's currency strategy is usually sufficient. So why bother?
No one knows how the exchange rates will develop one day to the other — forecasts are highly inaccurate. As humans, we often make irrational decisions — particularly with regard to risks. With a currency policy, you reduce the likelihood that adverse currency developments will affect your commercial margins. You also have a set of rules at hand that you can approve together with the Board of Directors and the owner.
No one knows how the exchange rates will develop one day to the other — forecasts are highly inaccurate. As humans, we often make irrational decisions — particularly with regard to risks. With a currency policy, you reduce the likelihood that adverse currency developments will affect your commercial margins. You also have a set of rules at hand that you can approve together with the Board of Directors and the owner.
Together with you, we will develop a suitable FX policy.
In a personal conversation, we will show you which parameters you should set as a minimum:
Source of currency risks
Objectives of hedging
Hedging Strategy
Allowed foreign exchange instruments
Roles and Responsibilities
Authorised banks and counterparties
