Page 18 - CIMA SCS Workbook February 2019 - Day 2 Tasks

CIMA FEBRUARY 2019 – STRATEGIC CASE STUDY

Reference material - email from Bob Flint to Paul Pau

----------Forwarded message--------
To: Paul Pau
From: Bob Flint
Subject: Foreign currency

Paul

I know that we have exchange rates mentioned on our risk register, in the section about the
global economy. It says they are largely mitigated by our hedging activities.

I was reading an article saying that N$ has been weakening in recent times, but is starting to
recover. The article also talked about companies that operate globally are able to hedge
internally.

I know I have asked about this sort of stuff before, but please could you give me an explanation of
how this all works for us and what internal hedging methods we could use?

Cheers
Bob

34 KAPLAN PUBLISHING