BMW more than halves US dollar exposure
BMW cut its US dollar risk by almost two-thirds, as the German carmaker’s worries about exchange rate fluctuations of the greenback ebbed at the end of 2017.
Applying what the company calls a “cash-flow-at-risk” model to measure its currency risk, BMW reduced its exposure to the US dollar to €1.1 billion ($1.4 billion) last year, down from €3.3 billion at the end of 2016.
In its annual report, BMW explains its approach doles out the expected impact of exchange rate fluctuations to operating
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Risk Quantum
7 days in 60 seconds
Disruption, CCP default and the latest Libor problem
The week on Risk.net, January 18–24, 2020
Receive this by email