The days of corporate treasuries being aggressive profit centers are long gone although there are a few that still survive.
These days Corporate are far more conservative with foreign exchange risk management and have reasonably well defined guidelines for the management of Forex risk.
At a minimum Corporate should have a foreign exchange policy which spells out exactly what should be done with the foreign exchange risks they face. Quite often this policy is developed in tandem with an exposure measurement process.
For Corporate with minimal risk exposure measurement may be a very simple process of forecasting what the cash receipts or payments are likely to be for a given period.
These days Corporate are far more conservative with foreign exchange risk management and have reasonably well defined guidelines for the management of Forex risk.
At a minimum Corporate should have a foreign exchange policy which spells out exactly what should be done with the foreign exchange risks they face. Quite often this policy is developed in tandem with an exposure measurement process.
For Corporate with minimal risk exposure measurement may be a very simple process of forecasting what the cash receipts or payments are likely to be for a given period.