OPINION | Two classic strategies to protect your business from currency fluctuations

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Bianca Botes, Corporate Treasury Manager at Peregrine Treasury Solutions
Bianca Botes, Corporate Treasury Manager at Peregrine Treasury Solutions
Peregrine Treasury Solutions (Supplied)

Any business that imports, exports, or has foreign subsidiaries, faces the threat of currency risk and could benefit from hedging as it ultimately affects profits, says Bianca Botes. 

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Rand - Dollar
14.35
-0.0%
Rand - Pound
19.81
-0.0%
Rand - Euro
17.08
-0.0%
Rand - Aus dollar
10.76
-0.0%
Rand - Yen
0.13
-0.0%
Gold
1,764.62
0.0%
Silver
25.81
0.0%
Palladium
2,467.49
0.0%
Platinum
1,038.50
0.0%
Brent Crude
73.51
+0.6%
Top 40
59,504
-1.5%
All Share
65,635
-1.4%
Resource 10
60,958
-1.7%
Industrial 25
87,956
-1.3%
Financial 15
12,995
-2.0%
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