Source: TokenPost
Original Title: Proactive Response to Exchange Rate Risk… System R&D and YC Selected as ‘Outstanding Companies in FX Risk Management’
Original Link:
The Korea Exchange recently honored two companies for their excellent performance in foreign exchange risk management: System R&D and YC. This initiative aims to enhance the exchange rate risk management capabilities of export and import companies in response to the current complex currency fluctuation environment.
Awarded Companies and Their Management Strategies
System R&D received the top award for its outstanding exchange rate risk management system. Specializing in production equipment for displays and secondary batteries, the company systematically analyzes the impact of exchange rates throughout its business decision-making processes. By leveraging a professional talent pool to accurately calculate its foreign exchange exposure, it has achieved a high level of FX risk management.
Another key manufacturing company, YC, received the excellence award for its comprehensive exchange rate risk management system. YC specializes in semiconductor inspection equipment and ceramic substrates and has established an independent FX risk management department. The company proactively hedges risks through U.S. dollar and Japanese yen futures contracts.
Importance of Exchange Rate Risk Management
In recent years, a combination of global interest rate changes, geopolitical risks, and rising raw material prices has greatly increased the uncertainty of exchange rate forecasts. Within Korea’s manufacturing- and export-driven industrial structure, companies are actively strengthening their strategies for managing FX risk.
Since 2009, the Korea Exchange has identified and recognized outstanding cases of FX risk management every year, sharing these best practices with the industry. The exchange also co-hosts annual outlook and FX risk management seminars with partner organizations, inviting market experts to share their perspectives on currency and raw material markets and providing companies with practical solutions for FX risk response.
As exchange rate volatility is expected to persist, a company’s ability to withstand FX risk will increasingly become a core competitive factor. Through institutional innovation and experience sharing, companies can better adapt to a complex exchange rate environment and safeguard their business achievements.
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Korean Exchange Recognizes Excellent Companies in Huanhui Risk Management: System RND and YC Awarded
Source: TokenPost
Original Title: Proactive Response to Exchange Rate Risk… System R&D and YC Selected as ‘Outstanding Companies in FX Risk Management’
Original Link:
The Korea Exchange recently honored two companies for their excellent performance in foreign exchange risk management: System R&D and YC. This initiative aims to enhance the exchange rate risk management capabilities of export and import companies in response to the current complex currency fluctuation environment.
Awarded Companies and Their Management Strategies
System R&D received the top award for its outstanding exchange rate risk management system. Specializing in production equipment for displays and secondary batteries, the company systematically analyzes the impact of exchange rates throughout its business decision-making processes. By leveraging a professional talent pool to accurately calculate its foreign exchange exposure, it has achieved a high level of FX risk management.
Another key manufacturing company, YC, received the excellence award for its comprehensive exchange rate risk management system. YC specializes in semiconductor inspection equipment and ceramic substrates and has established an independent FX risk management department. The company proactively hedges risks through U.S. dollar and Japanese yen futures contracts.
Importance of Exchange Rate Risk Management
In recent years, a combination of global interest rate changes, geopolitical risks, and rising raw material prices has greatly increased the uncertainty of exchange rate forecasts. Within Korea’s manufacturing- and export-driven industrial structure, companies are actively strengthening their strategies for managing FX risk.
Since 2009, the Korea Exchange has identified and recognized outstanding cases of FX risk management every year, sharing these best practices with the industry. The exchange also co-hosts annual outlook and FX risk management seminars with partner organizations, inviting market experts to share their perspectives on currency and raw material markets and providing companies with practical solutions for FX risk response.
As exchange rate volatility is expected to persist, a company’s ability to withstand FX risk will increasingly become a core competitive factor. Through institutional innovation and experience sharing, companies can better adapt to a complex exchange rate environment and safeguard their business achievements.