Quote:
Originally Posted by Rhesus
QuaShe, as a reasonably sized company I hope you're looking at other ways to offset currency losses and to ensure a stable future income despite currency devaluation, such as EUR/USD options, currency futures contracts or even forward deals with banks.
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In other words, "we were really stupid we didnt take any hedges to currency looses in the past year , when the writting was all over the wall". So do I. Fuck, fuck, fuck....
I was considering small forward contract at that time, which would made me around 10k USD net more in current exchange rates, but it would be still same money in our currency (CZK)