Due to globalization and liberalization, many global corporates or multi- national companies wish to pursue business in more than one nation by producing, investing and
Due to globalization and liberalization, many global corporates or multi- national companies wish to pursue business in more than one nation by producing, investing and operating across the globe through engaging various business activities. Thus, they confront a high degree of exchange rate risk in their commercial transactions. To minimize their risk those companies try to employ diversified techniques. Identify any technique available in Omani FOREX market to support those companies in hedging the exchange rate risk and explain its operating approach.
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