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Managing currency risk: how do mid-size companies meet the challenge?

Business Credit

| November 01, 2006 | Baird, Stephen | COPYRIGHT 2006 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

For companies that face significant foreign exchange exposure, establishing and maintaining an effective program to manage currency risk can be a major challenge. This article discusses how mid-size companies in the U.S. can manage their currency risk more effectively.

Large, global enterprises may manage currency exposure over dozens of currencies and hundreds of subsidiaries. Fortunately, while the challenge is great, so are the resources and expertise. These companies have invested tremendous resources over many years to develop in-house knowledge on the unique aspects of currency risk. They have systems to automate the tracking and reporting of exposures. For ...

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Source: HighBeam Research, Managing currency risk: how do mid-size companies meet the challenge?

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