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Rakhi Vasavada
Rakhi Vasavada, Financial and Legal Consultant
Category: Finance
Satisfied Customers: 4433
Experience:  Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years
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How may an organization that needs euros in 6 months protect

Resolved Question:

How may an organization that needs euros in 6 months protect itself from currency fluctuations?
Submitted: 5 years ago.
Category: Finance
Expert:  Rakhi Vasavada replied 5 years ago.

Dear Friend,

 

The Best and most widely used methods for currency fluctuation protection is paying FORWARD PREMIUM.

 

This means that for example, you can FIX your current exchange rate by buying forward contracts and pay premium on it. This INSURES you against any fluctuation.

 

I am more than sure this would help...

Warm regards,

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