Italians step up FX use
The findings were revealed in a recent survey of 35 Italian companies by FX Week’s sister publication, Risk Italia. The survey, compiled with the help of Italian bank, Banca Nationale del Lavoro, found that managing currency risk was at the forefront of treasurers’ concerns. When asked to list the top three major financial risk management challenges their companies have faced over the past 12 months, 22 respondents cited managing forex risk. Sixteen of these attributed this to the weak US dollar
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