Weakening of Foreign Currencies Opens Up Hedging Options

Weak currencies and market fluctuations prompt some CFOs to re-evaluate currency exposure. Now, companies are seeing a hedging opportunity as several currencies have weakened against the U.S. dollar over the past few months. Added to that, worries about market volatility as the coronavirus pandemic rattles economies across the world are prompting a push for more protection against currency moves at the same time as companies seek to protect their liquidity from pandemic-related shocks.