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  • 3 years ago
Podcast:  Tools For Managing Foreign Exchange - Adventures in Global Expansion

Podcast: Tools For Managing Foreign Exchange - Adventures in Global Expansion

Our guest on Globalocity's Adventures in Global Expansion Podcast today is Francia Harris.  She's a partner with Bannockburn Global Forex, a boutique capital markets trading firm specializing in currency advisory and payment  services.  This is the second of our three podcasts about foreign exchange.  In today's podcast, we talk about how some of the most common tools used to manage foreign exchange.Many companies don't really understand foreign exchange, or FX, and how it can affect their global sourcing or global sales.  In the first podcast in our series, we explained the basic concepts of FX. In this podcast,  we discuss some of the basic tools for managing FX. Some of the things you’ll learn from today's podcast:What are some of the basic tools the pros use to manage foreign exchange?What's a spot rate, anyway?I thought a forward window was something in my car?Are exotic FX products  something I should use on a tropical vacation?Can I find a swap at a flea market, or do I have ano

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