Money Market HedgeForums › Ask CIMA Tutor Forums › Ask CIMA P3 Tutor Forums › Money Market HedgeThis topic has 1 reply, 2 voices, and was last updated 8 years ago by Ken Garrett.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts August 5, 2016 at 2:22 pm #331614 NyanisoMemberTopics: 2Replies: 1☆Could you please explain to me the purpose and the workings of the money market hedge August 6, 2016 at 1:13 am #331660 Ken GarrettKeymasterTopics: 10Replies: 10534☆☆☆☆☆The purpose is to protect against exchange rate movements and its effect is the same as a forward contract.The workings are fully explained in the notes that can be downloaded ormthe lectures,that can be watched. See here:https://opentuition.com/cima/cima-p3/AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In