Financial Directors are practical, objective people. They need to be. They use numbers to boil down decisions.
But when it comes to FX management, FDs tend to avoid an in-depth approach and active management, or opt to just ‘shoot from the hip’. With nearly half of UK companies not actively managing their FX, it’s a wonder why this otherwise-exacting group shy away from managing their FX.
This paper reviews the top reasons Financial Directors avoid FX management, sheds light on the truth behind those and offers a cure.