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Exclusive-Brazil readies broad FX hedging program with $2 billion in derivatives for green investments - Vimarsana News

Exclusive-Brazil readies broad FX hedging program with $2 billion in derivatives for green investments

Brazil's government will announce on Monday new measures to help foreigners with foreign exchange hedges on their investments in sustainable development, while avoiding currency and fiscal risks for the Treasury, said two people familiar with the plan. The plan includes a new channel for about $2 billion in forex derivatives, contracted by the Inter-American Development Bank (IDB) and distributed in Brazil by the central bank, said the sources, who requested anonymity to discuss confidential plans. The initiative, leveraging the IDB's triple-A credit rating to facilitate longer-ter...

Source: yahoo.com
VettaFi Voices On: International Investing's Revival - Vimarsana News

VettaFi Voices On: International Investing's Revival

The VettaFi Voices discuss the renewed interest in international investing and the possibilities presented by the ETF market.

Korea's POBA sold assets, tweaked hedging to weather 2022 | Asset Owners - Vimarsana News

Korea's POBA sold assets, tweaked hedging to weather 2022 | Asset Owners

While dealing with global turmoil in markets, the Korean public pension fund faced capital calls and forex fluctuations, its CIO said.

Romanian companies need to take solid currency hedging measures (analysis) - Vimarsana News

Romanian companies need to take solid currency hedging measures (analysis)

Romanian companies must take solid measures to hedge away currency risk, as fluctuations in the financial markets tend to increase along with...

Egyptian official calls for disconnect from dollar - Vimarsana News

Egyptian official calls for disconnect from dollar

Egypt should seek to wean the public from the idea that the Egyptian pound should be pegged to the U.S. dollar, Hassan Abdalla, the new central bank governor, said