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Trade Finance - Foreign
Exchange
Wednesday,
June 22
10:00
a.m. - 11:00 a.m.
Foreign exchange (FX) is a risk factor that is often
overlooked by small and medium-sized enterprises (SMEs) that wish to enter,
grow, and succeed in the global marketplace. Although most U.S. SME
exporters prefer to sell in U.S. dollars, creditworthy foreign buyers today
are increasingly demanding to pay in their local currencies. From the
viewpoint of a U.S. exporter who chooses to sell in foreign currencies, FX
risk is the exposure to potential financial losses due to devaluation of
the foreign currency against the U.S. dollar. Learn more about 1) FX risk
management options, 2) Non-Hedging FX Risk Management Techniques, 3) FX
Forward Hedges, and 4) FX Options Hedges. The SBTDC is a business and
technology extension program of the UNC System and is funded in part
through a Cooperative Agreement with the U.S. Small Business
Administration.
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