Could you please explain to me the purpose and the workings of the money market hedge
CIMA Forums
Money Market Hedge
9y ago#1The 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/
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