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< Back to questions :: Q&A / Services / Business and Industry Services

Forward contract

Services
Business and Industry Services
From Bulgaria
To India
342 views / 0 experts
Amber S.
Aug 05, 2021

We receive payments in various currencies. Should we have a forward contract for each one?

1 answer

Dave B.
Aug 05, 2021

Forward contracts can be a good hedging tool for whatever currency you deal in. This lets you know exactly how much you are going to be getting back from your exports once the client settles.

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