Managing risk: treasury policy is crucial when trading overseas
WHEN managing currency risk, there is a trade-off between what you are trying to achieve and how much flexibility you want – getting that balance right is tricky.
Businesses that are trading overseas must have policies in place to manage that risk, to avoid unexpected fall-out as a result of currency fluctuations.
That was a key point made by experts and business leaders at a round table discussion on the importance of managing risk in overseas markets, held at the offices of Lloyds Bank in Manchester.
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