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Anonymous

25 Apr 2021

∙

How to deal with exchange rate losses?

How do you reduce your FX losses?

3

Discussion (3)

What are your thoughts?

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Jing Wei

25 Apr 2021

Currency hedging.

The thing is you will never know whether the currency will appreciate or depreciate in the future. Therefore, the main question is whether hedging is actually required.

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Tan Choong Hwee

24 Apr 2021

Investor/Trader at Home

Forex tends to stay in trend for a while until there are changes in economic factors, such as central bank's monetary policy.

If you are suffering exchange losses, it can get worse over time if there are no signs of trend reversal. You may have to consider cutting losses or writing off.

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Wilson Nid A Break

24 Apr 2021

Write it off mentally, unless you are savvy / it is cost viable for you to engage in currency swap...

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