Companies doing business in foreign currencies can mitigate negative effects of exchange rate fluctuations over time.
Exchange rate fluctuations can erode earnings and cash flows for companies doing business in a foreign currency. Companies can smooth the impact of changes in foreign currency exchange rates over time. Ramon Espinosa outlines four best practices for FX risk management.
Ramon Espinosa is head of FX Analytics for the Foreign Exchange Risk Management Group. A specialist in the management of foreign currency risk, Ramon helps Wells Fargo clients identify, measure, and mitigate their exposure to material risks. He is based in San Francisco.