terrydoodles1007 terrydoodles1007
  • 17-05-2021
  • Business
contestada

Many nations restrict hedging of their currencies due to their national and international policies and interests.

Respuesta :

Vickiee Vickiee
  • 18-05-2021

Answer: False

Explanation:

Currency hedging is defined as plan to reduce the influence of foreign exchange on international investment. Many nation's partake in hedging of their currency in order to protect or reduce foreign exchange effect on their currency. They do these by either foreign currency option, forward contracts or spot contracts. It is a safe measure that should be applied by countries for their currency.

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