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You honestly think the US Dollar will change in value by 700% in a few months?
by minikites 13y ago
You honestly think the US Dollar will change in value by 700% in a few months?
- joshu 13y agoTone down the lack of clue. Imagine you are buying goods denominated in euros and it takes two weeks for them to be delivered. You don't want to incur any P&L due to the change in exchange rate between now and delivery. The exchange rate changes all the time. You would use a currency forward to hedge out that change.