Currency Management

How to arrange Natural Hedging and minimise the cost of derivatives.

Noting the existing distribution of fixed currency assets and liabilities with relevant hedging arrangements, also all net currency cash flows, forecasts and volatilities, with opportunities for natural hedging, managing the net exposures.

Hedging instruments for residual exposures are noted and measured for cost efficiency.

This is a key area giving rise on the one hand to major exposures and, correspondingly, assuming full transparency of positions, for natural hedging and major cost economies.