Articles tagged with:
hedging

  • Pile of Indonesian currency

    Are you ready for the rupiah?

    With the Indonesian regulators recently passing a new law that prohibits the use of the US dollar for quotations and onshore transactions, corporates are rushing to comply before the 1st July deadline.

  • Cup of coffee a map made out of the foam

    Let the buyer beware: treasury meets procurement

    Corporate failure to effectively manage commodity price swings is not an option – but is it a task for treasury or procurement? In an ideal world it is a shared responsibility says one risk expert.

  • Translation risk

    This month’s question

    “With currency volatility approaching record levels, a growing number of multinationals have seen currency translation negatively impact top line growth figures. Should corporates hedge translation risk?”

  • Globe in a box full of worldwide currencies

    FX forwards: the wrong option for EM currencies?

    The foreign exchange forward is the most widely used derivative instrument amongst corporate hedgers. Some experts are now questioning the efficacy of forwards when it comes to hedging emerging market currencies. But is it more a case of the instrument being deployed at the wrong time?

  • Building statues during sunset

    Preparing for the worst

    The recent election of the left-wing anti-austerity party Syriza has everyone speculating once again on the future of the Eurozone’s embattled periphery. What’s more, the latest episode of Greek turmoil comes at a time when businesses are already feeling uneasy about the deflationary forces that are appearing to take hold in Europe. Here we ask a treasurer, an economist, a banker, and a corporate ratings analyst how they see the situation developing, and what corporates can do to minimise the impact should events take a turn for the worst.

  • Rajan Gupta, HYVA

    Corporate View: 
    Rajan Gupta, HYVA

    Whether it is augmenting HYVA’s working capital management, or navigating his company through one of the highest periods of FX volatility in decades, Rajan Gupta, Group Treasurer has long been comfortable with the heaviest of workloads. In this article, he tells us what attracted him initially to treasury and why the role continues to excite him to this day. He also explains how he managed to get on top of group liquidity management at a Dutch multinational that places a high value on local autonomy.

  • Oil rigs out at sea in the sunset

    Making the most of cheap oil

    The fall in the price of oil has been one of the big market stories of the past year. But how can treasurers help their companies leverage the opportunities of lower energy input costs?

  • Steven Wong, NOL

    Corporate View: 
    Steven Wong, Neptune Orient Lines Group

    With over three decades’ experience in the shipping and logistics industry, Steven Wong, Group Treasurer, Neptune Orient Lines Group, has guided the company through quite a few ups and downs in a cyclical sector. In more recent years, Wong has applied his knowledge and understanding of philosophy to make some important changes not only to the treasury but to the business.

  • Guardian at the Grand Palace in Thailand

    Regulating derivatives in Asia

    Dodd-Frank and EMIR have irrevocably changed derivatives markets in the US and Europe. What progress has Asia made towards the G20 commitments to shed more light on the market for hedging products? This feature evaluates the current state of play in the regulation of OTC derivatives in the Asia Pacific region and considers what implications these changes have for corporate treasurers who rely on the products to manage financial risks.

  • Taoist Temple and garden in Cebu, Philippines

    The Philippines – a land of potential

    Following independence from the United States, the Philippines fell behind other South East Asian nations economically. Recently however the Filipino economy has been on an upward curve and the country has become known as a rising star of the region. While numerous economic improvements have been made in recent years, the country still has some way to go to fulfil its true potential.