Hedging The Naira - Business - Nairaland
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| Hedging The Naira by wooks: 4:56pm On Apr 15, 2012 |
How do you hedge against a falling naira. I presume Naira forwards and futures are not available, so what do you do. I guess you could hedge against something that is strongly correlated to the naira. For instance if a strengthening dollar correlated to a weakening in the naira then one could hedge against a strengthening dollar. appreciate any enlightment thanks. |
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