Currency hedge

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Currency hedge

Applies mainly to international equities. Hedging technique to guard against foreign exchange fluctuations (i.e., short Euro l00 mm when holding a long position of Euro l00 mm in stocks).

Currency Hedge

In equities, the act of holding a position in a stock denominated in a foreign currency while holding an equal but opposite position in the currency itself. This protects the investor from fluctuations in the value of a currency adversely affecting the stock holdings.
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875% Senior Notes due 2019, an amendment to PGI s term loan facility providing for $310 million of incremental term loans and $105 million of delayed draw term loan commitments and deal-contingent currency hedging transactions.
Record is a specialist currency manager, providing currency hedging and return-seeking mandates to institutional clients.
With the objective of providing currency hedging to economic agents and liquidity to the currency market, the central bank of Brazil will start, from this Friday, a programme of currency swap auctions and the sale of dollar repurchase agreements," the central bank said.
The bank's unit, BNP Paribas Securities, which has received a new banking license in the nation, would soon start new services including currency hedging, dealing services and derivatives clearing.
According to Reval, in practical terms, the decision this week means that most companies will elect to designate only the spot risk of their currency hedging.
To provide certainty of tax treatment for foreign currency hedging transactions that were fast becoming commonplace (such as fully hedged foreign currency borrowings) and to ensure that those transactions were taxed in accordance with their economic substance, Congress, when it enacted Sec.
The Board of Directors was pleased to note the progress on Interbank Unrestricted Wakalah standard, Islamic Currency Hedging products standards and Collateralized (Rahn) Product Standard.
The ESGC is intended to mitigate the risks arising from the reliance on the role of the banking sector in providing currency hedging services to exporters.
In this position, Monroe provides Leadership, direction, and support for the Treasury Department, and has direct responsibilities for corporate finance functions including capital markets, cash management and investing, fuel hedging, interest rate and foreign currency hedging, corporate insurance, stock option administration, fleet contract administration, banking and rating agency relationships, and capital structure.
The Board anticipates that as a result of the First Redemption it will become inefficient to maintain the currency hedging programme, taking into account inter alia the possible margin call requirements in connection with currency hedging activities and the costs of maintaining the programme.
Without a degree of currency hedging they have been hit by a double-whammy.