CFOs need to own a hedging program’s objectives and recognize its limitations.
All at once, it seems, corporate treasury departments are embracing the distributed-ledger technology to manage FX more efficiently, among other reasons.
Managing foreign exchange risk is crucial for a young technology firm with little excess cash.
Fewer North American companies reported negative foreign exchange impacts for the fourth quarter of 2016.
Despite a $646 million writedown of its operations in Venezuela, Goodyear will maintain manufacturing and sales operations there.
But the consumer products giant also expects negative foreign exchange effects to continue to eat into total sales numbers.
Globally, airlines have around $3.7 billion trapped in Venezuela as a result of its 12-year-old currency control system.
Volatility will no longer be the "new normal" but just the norm; it will be the "year of the yuan"; and FP&A teams will be pressed for insights.
Barclays did not seek 'to distinguish toxic order flow from instances in which prices merely happened to move in favor of the customer,' said the NYFDS.
Operating margins for U.S. companies with subsidiaries in Europe or Japan are getting whacked by foreign exchange this year.
Ingredion's Jack Fortnum juggles customer contract models, pricing strategies, currency instability, and working capital controls.
More global competitors use the Chinese currency to settle cross-border trade, 17%, compared with 10% of U.S.-based firms.
