The restful holiday period is over. The preparation of strategies and financial planning for the next year are arriving to companies in the autumn and therefore forex hedging is becoming a hot topic for the companies that are trading with foreign countries. They want to have confidence concerning the future exchange rate.
In Citfin, we have prepared the possibility to secure a stable exchange rate for our clients for up to two years in advance. Due to the extension of the exchange rate fixation through a wide range of forwards, they are now unlikely to be troubled by exchange rate fluctuations.
The simplest tools to ensure the exchange rate include Currency Forward and Currency Swap.
• Currency Forward can secure the today’s exchange rate for a specific day in future.
• Currency Swap can shift this deadline to an earlier or a later date.
