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%.