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Exchange rates

Question
Dave Deruytter

Not many banks offer this to retail clients, I think, but the perfect product for this "protection" is called a "Currency Swap". You can also make a protection via "Forward Exchange contracts". Again if the amount is small not many banks will offer to Retail. If you have revenus in the same currency as your borrowings then you have a natural protection (a natural hedge) and do not have to do anything in particular. Hope this may be of use.

Jan 19, 2012 14:37