Currencies and Strategy

A few paragraphs explaining the following:

1. What currency is the home currency for your business?

2. Explore the volatility in the currency and explain how volatile (or not volatile) the currency is

3. Explain how you will use the spot market for your business.

4. Based upon your review of the currency, start to determine a currency strategy for your company (e.g. will you need forward contracts, put options, call options, etc.) Explain.

5. What are the key factors that influence your countries currency? Explain the two most impactful factors