Increasing economic integration and development of global markets means that few companies, if any, are unaffected by currency movements. Change in a company's earnings due to unexpected changes in foreign currency exchange rates relative to their domestic currency is known as foreign exchange...

FX rates are increasingly volatile in recent macroeconomic and geopolitical times of uncertainty. FX risk if not dealt with properly can pose existential threads to companies. Especially fast-growing companies, that have previously not hedged FX risks due to insignificance, need to build up a...