Overview
The activity will provide you with more details to help you understand how international firms manage the types of foreign exchange risks and the tools at their disposal.

Activity description
Go to the website and read through the article on the awards to those firms that managed their foreign exchange risks to protect their profit margin, cash flow, balance sheet, and overall global competitiveness.

Consider:

• Why would firms insure against foreign exchange risk?
• What types of foreign exchange risks need to be managed?
• Is it possible to identify the foreign exchange risk strategy of any two of the winners by visiting the firm websites?

Visit the following website:
https://www.gfmag.com/magazine/january-2019/best-foreign-exchange-awards-2019-riding-volatility-wave