Chinese firms rush to hedge as yuan swings begin to sting
09 Oct Chinese firms rush to hedge as yuan swings begin to sting
Posted at 05:59h
in
News
by KMFSLLP
SHANGHAI, Oct 10 (Reuters) – Hobbled by the yuan’s
unexpected surge this year, more Chinese companies are trading
currency derivatives to hedge risks, although many mainland
firms remain exposed to swings in China’s increasingly volatile
currency.
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