A foreign exchange policy is an essential tool that allows, before the market irrationality causes you headaches, to make enlightened decisions that put you in a position of control rather than in a position of reaction.

Developing a Foreign Exchange Policy is a mobilizing exercise that promotes communication and enhances the flow of information. It clarifies the responsibilities and key indicators that will help you achieve your objectives. It also leads to a stronger focus on important issues, avoiding ambiguity and thus saving time and money.

The following methodology is the result of 25 years of intervention with companies of all sizes, active internationally. Outlined step by step and tailored to your specific needs, it establishes a comprehensive management process that places you in control over all the currency related issues that have an impact on the profitability of your import/export operations.

A seven step action plan