Australia corporates revisit FX hedging after dollar slide

Currency risk management is now a major focus for Aussie firms

australian-dollars
20% drop in AUD versus USD

Leading Australia corporates are actively looking to revamp their foreign exchange hedging strategy in light of the recent slide in the value of the Australian dollar versus the US currency, according to a number of leading market participants.

The Australian dollar has plummeted over the last six months moving from 0.95 at the start of July to just under 0.77 now and several speakers at the FX Australia conference held in Sydney today said that companies with large forex exposure have started

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