Top Philippine Firms Avert Currency Risk With Crisis LessonsKarl Lester M. Yap
It wasn’t just governments and central banks that took away lessons from the Asian financial crisis of the late 1990s. Ayala Corp. and SM Investments Corp. of the Philippines learned to fully hedge the currency risk on their foreign debt when the dollar strengthens.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.