Resetting forward solution for Korean exporters
Problem: A Korean corporate generates a significant portion of its revenues in US dollars -- largely due to exports to the US. In contrast, the majority of its financing and manufacturing costs are in Korean won. The company has not hedged its US dollar/Korean won FX exposure in the past, but it has seen its export business expand rapidly over the past few years, and would like to ensure that its quarterly Korean won revenues are not significantly eroded by any further weakness in the US dollar
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