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Mitigating Forex Volatility with Forward Contracts

How do you use forward contracts to mitigate the risks of foreign exchange volatility in international trade? These binding agreements between importers and exporters commit in advance to a specific value of currencies on the day that payment is due. Read why so many companies, large and small, protect their businesses with forward contracts.

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Article(s) on this website that are identified as being prepared by third parties are made available to you for information purposes only. These third party articles do not represent the opinions, views or analysis of American Express and American Express does not make any representations as to their accuracy or completeness. If you have questions about the matters discussed in those articles, please consult your own legal, tax and financial advisors.

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