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re: EURO cost

Posted on 5/19/17 at 4:24 pm to
Posted by barry
Location, Location, Location
Member since Aug 2006
50356 posts
Posted on 5/19/17 at 4:24 pm to
Make a transactional hedge. You can either contact a currency hedger or get your company an account that trades currency. Buy USD/EUR swaps or options to lock in a rate. It cost money so you have to weigh it against the cost of the transaction.

Predicitng currency directions is insanely complicated. So better to just lock in a rate if you are that sensitive to price movements.
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