Experts Edition: 4 costly mistakes treasurers make when managing currency risk
10/05/22 • 6 min
When it comes to foreign exchange risk management, the most minor mistakes can end up costing your business.
Even with the most solid strategy in place, wrong processes can trip treasurers up and create errors, frictions and a dent in your finances.
But how can you avoid these high-priced problems?
In this episode of CurrencyCast, Currency Management Expert, Nadia Corbett, joins Agustin Mackinlay to walk us through four common mistakes she sees daily in her conversations with CFOs and treasurers and how you can prevent them.
It’s an FX masterclass in under 10 minutes.
When it comes to foreign exchange risk management, the most minor mistakes can end up costing your business.
Even with the most solid strategy in place, wrong processes can trip treasurers up and create errors, frictions and a dent in your finances.
But how can you avoid these high-priced problems?
In this episode of CurrencyCast, Currency Management Expert, Nadia Corbett, joins Agustin Mackinlay to walk us through four common mistakes she sees daily in her conversations with CFOs and treasurers and how you can prevent them.
It’s an FX masterclass in under 10 minutes.
Previous Episode
Why you need to automate swap execution
Do you struggle with having a perfect match between your currency hedging position and the cash settlement of the underlying commercial exposure? We’ll let you in on a secret: most treasurers and finance teams do.
But how can you simplify this time-consuming and resource-intensive task?
In this episode of #CurrencyCast, we’ll reveal why this is an important issue for treasurers, how it’s typically handled and the treasury tool that will help you streamline this near-impossible process.
It’s an FX masterclass, all in under 10 minutes.
P.S. Looking to learn more about how to automate swap execution? Download our latest report, Optimising Cash and FX Risk management, through this link: https://lnkd.in/egBT56ee
Next Episode
Using pricing to create an effective hedging program
In this episode of CurrencyCast, we explore the link between pricing and creating an effective cash flow hedging strategy.
We show you a simple PEG framework (Pricing, Exposure, and Goals) that will allow you to:
- Correctly define your FX goals
- Understand what type of exposure data you need to collect and process
- Select The best hedging program for your business.
It’s an FX masterclass in under 10 minutes.
Worried about your currency strategy? Get in touch with one of our specialists for a free strategy session: https://lnkd.in/dGed65Z3
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