Blogs tagged foreign exchange

Introduction Valuation areas in FI are used mostly in Foreign Currency Valuation. Unlike in classic GL in new GL they became mandatory in FCV. The usual approach is to create a valuation area per legal requirement – mostly represented by a country... Read More »

Currency Hedging is the act of entering into a financial contract in order to protect against unexpected, expected or anticipated changes in currency exchange rates. Currency hedging is used by financial investors and business to eliminate risks... Read More »