Currency hedging mistakes are easy to make and can be very costly. These mistakes are often a result of working with ill-informed or inexperienced advisers. Robust currency hedging requires a deep understanding of the financial situation, the currency markets and the interplay between the two.

For global businesses, currency hedging is business-critical and can impact their ongoing viability. To understand and manage these issues, financial leaders must partner with financial risk managers that are expert in currency risk mitigation.

We’ve collated 4 common hedging strategy mistakes that plague many businesses that acknowledge the importance of hedging, but execute it incorrectly.