Philippine banks may have to push harder to convince companies to hedge their foreign exchange exposure as the war in Iran underscores the country’s vulnerability to geopolitical shocks, according to a central banker.
Philippine Central Banker Urges Banks to Promote FX Hedging
Philippine banks may have to push harder to convince companies to hedge their foreign exchange exposure as the war in Iran underscores the country’s vulnerability to geopolitical shocks, according to a central banker.
This article was originally published by
Bloomberg Markets
and is republished here under license.
Leave a Reply