How often should my business hedge?
There’s no one size fits all approach. How often you should hedge depends on lots of factors like how much currency you need, when you need it, and your attitude towards risk. Hedging can be an excellent strategy to help businesses protect themselves from rates moving against them when they know they need to make a currency transaction at a set point, or even on a regular basis. But not every company will see the benefit. Our OFXperts can help you consider whether hedging is right for your business and the downside risks. Read more.