Forex Hedge as protection against exchange rate fluctuations
Exchange rate fluctuations have been a constant concern since the beginning of the year. According to a recent publication by the National Confederation of Industry (CNI), the exchange rate rose from 17th to 4th place in the ranking of industry's main problems between the first and second quarters of 2024. In the first few days of June, the dollar fluctuated by 2.5%, according to data from the Central Bank (BC). Compared to the first working day of 2024, the dollar is now 9.6% more expensive.
