BofA Survey Finds Conservative Forex Risk Management By U.S. Corporates
CORPORATIONS
The Bank of America (BofA) has released a study on foreign exchange risk management of nearly 200 U.S. corporations and has found that the bulk of respondents' FX operations are "conservatively managed." The survey was conducted with an eye toward providing the U.S. corporate sector with a qualitative assessment of the current risk management environment, says the report.
The survey comes at a poignant time for such a study, considering the regulatory concerns that have abounded this year about
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