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Reuters: Companies bolster currency hedging strategies as Trump plans tariffs

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Updated:2024-11-26
News5

鈥淭he election is a big catalyst for hedgers to think about currency risk," said Karl Schamotta, chief market strategist at payments company in Toronto. "Businesses that for a long time were relatively comfortable with the direction and the scale of exchange-rate moves are being shocked out of that complacency."

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