When doing business abroad you will often be exposed to other currencies. Any fluctuations in currency rates can affect your results, and it becomes more difficult for you to control the outcome.
Benefiting from FX risk management
We have several solutions that can help you manage the effects of currency fluctuations by locking in the exchange rate in advance. This can help reduce the impact of undesirable fluctuations.
- Buying or selling currency for a date in the future to provide certainty of the exchange rate
- Using a currency swap to move an exposure forwards or backwards in time
- Buying a currency option which gives you the right, but not the obligation, to buy or sell currency at a specific rate in the future
These are just some of the examples of how Handelsbanken can help you manage your currency risk.
To find out more, contact your local branch who will be able to provide you with further details.