Hedging in the Covid climate – our answers to crucial questions

Hedging in the Covid climate – our answers to crucial questions.

Benjamin Disraeli said we should “prepare for the worst and hope for the best” and as we look to navigate these uncertain times, never before has that saying rung so true.

We hope your families, friends, colleagues and neighbours are safe and well during this challenging time.

The economic impact of coronavirus is disrupting business and financial markets in ways we could not have reasonably imagined nor have experienced before. Disruption to supply chains, people, and processes is already being felt, but the full impact will not be known until later this year, particularly as many businesses continue to operate on activities that occurred before the virus became a pandemic.

Uncertainty is bad for any business at any time, and volatile currency markets add further challenges for those involved in international trade as they assess potentially significant disruption to profit, costs, revenues, value and prices.

As many adapt to new work and business environments, the immediacy of considering foreign exchange risk and international payments is low on the agenda....

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