Analyzing and Mitigating Currency/Foreign Exchange Risk

Feasibility of International Trade

Analyzing and Mitigating Currency/Foreign Exchange Risk

Currency exchange rate fluctuations create a degree of uncertainty for any business engaged in international trade. Learn how currency/foreign exchange risks affect you, how to select the best risk mitigation, and foreign exchange strategies.

You’ll learn:

  • How to manage the process of currency/foreign exchange risk
  • How to review currency/foreign exchange data
  • How to identify your business’ time horizon to make the best financial plans
  • How to mitigate risk through FX hedging strategies
  • How to manage settlement dates with FX swaps

Free resources included:

  • Downloadable PDF covering all key concepts in the unit
  • Video content featuring a Certified International Trade Professional (CITP) exploring key concepts and providing practical context through real-world examples

Watch the preview of this unit’s video:

Explore More FITTskills Lite Resources

Explore More FITTskills Lite Resources

Choose the topics that answer your importing and exporting questions and access the PDFs and videos now. View the content right away or save them to peruse later.

Conducting Cost and Pricing Analysis for Exporting Products

Before exporting your products, you need a cost and pricing strategy to ensure your transactions will be viable. Learn how Incoterms® and HS codes can affect your costs, and set your pricing strategy based on market, environmental and internal factors.
FREE

Analyzing and Mitigating Commercial Risk

What possible risks do your business partners, suppliers or customers present to your business? Learn how to identify all key areas of potential risk, measure risk probability, and develop a plan to mitigate them.
FREE

Adapting Products and Services

Each market is different. Do your products or services need to be adapted for international market entry? Learn how to identify your adaptation options, choose the option best suited for your specific customers and market requirements, and customize your value proposition and pricing to ensure success.
FREE

Marketing with Digital Technology

Digital marketing tools can build awareness for your company worldwide and convert that into purchases faster than ever before. Learn how to increase your website traffic, improve the online customer experience, and influence customer decisions at each point of sale.
FREE

Download any FITTskills Lite unit for free, anytime.

Get the targeted know-how you need now, and apply it right away. Download your FITTskills Lite PDF instantly and read through the contents in an hour or less. Get access to additional FITTskills Lite video content with every download.