Alex Wondergem, Director, Corporate Treasury Advisory, explains what companies need to consider: Will FX really make a difference to your business, creating a strategy to manage foreign exchange risk?
Tom Lawson, Associate Director, Corporate Treasury Advisory, explains what influences exchange rates and discusses whether you need to to worry about foreign exchange rates.
What should you discuss with your Bank or Broker? Tom Lawson, Associate Director suggests asking how they can help you achieve your objectives, how would the process work, and how much capacity/ credit do you have to hedge?
What is hedging, why do you need a policy framework and do you understand the three main hedging instruments: forward exchange contract (FEC), purchase option, and zero-cost collar? Director Alex Wondergem explains.
Alex Wondergem, Director, discusses topics including: New Zealand dollar payment terms, foreign exchange terms in sales agreements, shorter payment terms, and aligning your cost and revenue bases.
Tom Lawson, Associate Director answers frequently asked questions including: should you worry about foreign exchange risk, are there costs in managing FX risk, and what other experts can you approach for advice.