However firms are commonly exposed indirectly to exchange rate risk
. For example, small companies that have no international business should be concerned about exchange rate risk
because the pricing by their competitors may be influenced.
The funds invested in foreign currency denominated securities and utilized forward foreign currency exchange contracts to hedge the potential exchange rate risk
associated with such investments.
Directors recommended additional steps to curb growth in wholesale foreign exchange funding and to reduce incentives for the nonCaefinancial corporate sector to take on exchange rate risk
. They commended the significant progress made in enhancing Turkey's AML/CFT framework.
"While the debt offering could modestly increase its total outstanding debt in the near term, it will help PLDT term out its debt maturity profile and reduce foreign exchange rate risk
," Moody's assistant vice president Yoshio Takahashi said.
The Global Trade Services (GTS) team at Bank Muscat blends traditional financial solutions with tailor-made packages for operations, ensuring prompt payments, managing liquidity and minimising exchange rate risk
. To meet the challenging demands of exporters, importers and local traders, Bank Muscat offers customised solutions with its strong global network.
The European Commission authorised, on 8 March, a state guarantee scheme put in place by France to cover the exchange rate risk
for aeronautic suppliers (AERO 2008), managed by COFACE.
oThe daily high demonstrates the increased demand among our global members and their commercial and investor clients to manage their exchange rate risk
or gain exposure to the Indian rupee,o said Eric Hasham, DGCX Chief Executive Officer.
Such detailed data allows a greater emphasis on the actual exchange rate risk
firms are undertaking when they trade, as well as permitting analysis of differences in behaviour across firms and products.
Those investing in Turkey thus face a substantial exchange rate risk
. However, for short run decisions, of three months or less, the ability to forecast future exchange rates can mitigate this risk.
She said Airbus's cost base totalled 20bn euros, or 15bn excluding engines, but the firm was covered for exchange rate risk
until 2 005.The dollar has weakened from around 89 cents to the euro at the beginning of 2 002 to $1.08 to the euro now.