Reducing FX volatility and improving financial results
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In this second webinar from Pfizer, our Treasury Team of the Year, Mark Hopkins will tell us more about Pfizer’s hedging strategy. With over 60% of its revenues denominated in non USD currency swings can have a big impact on Pfizer’s financial results. The new programme Pfizer is implementing has reduced the spot rate volatility of currency pairs by over 30% and the net earnings exposure to currencies in the programme by over 50%.