Philippine Central Banker Urges Banks to Promote FX Hedging
Posted by MarketsWire
Philippine banks may have to push harder to convince companies to hedge their foreign exchange exposure as the war in Iran underscores the country’s vulnerability to geopolitical shocks, according to a central banker.
1 replies
tomspark wrote:
Fair point about the vulnerability, but companies are gonna keep putting it off until it actually bites them. That's just human nature with hedging.