Foreign Exchange Risk Management Lecture

Today we visited the beautiful campus of Tamkang University and had the opportunity to sit in on a Foreign Exchange Risk Management lecture. Foreign exchange risk management is designed to preserve the value of currency inflows, investments and loans, while enabling international businesses to compete abroad. Although it is impossible to eliminate all risks, negative exchange outcomes can be anticipated and managed effectively by individuals and corporate entities. Businesses do so by becoming familiar with the typical foreign exchange risks, demanding hard currency, diversifying properly, and employing hedging strategies. I found the lecture to be fascinating and beneficial. We are in an increasingly global market and it is important to be competent in the practical applications of foreign exchange risk management.