KLSE (MYR): PMETAL (8869)
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2024-08-30
2024-08-30
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2024-08-29
shamopi
79 posts
Posted by shamopi > 2017-05-19 02:24 | Report Abuse
Cash flow hedge means the company enters into derivative to hedge against cash inflow (receipts) and/or outflow (payments). The loss position means there was as a negative impact from the position they took against FYE rate... Usually that means they hedged maybe USD at a higher exchange rate vs financial year end rate