New Zealand firms raise FX hedging amid elevated uncertainty

Survey shows increase of over 10% in FX forwards usage

A New Zealand kiwi crossing-sign

New Zealand-based small businesses have upped their foreign exchange hedging activity over the past six months, spurred on by increased volatility in the Kiwi dollar and an uncertain economic outlook in the country.

The findings come from a biannual survey of 413 business owners and treasurers in New Zealand, carried out by East & Partners' (E&P) New Zealand Business FX (NZ BFX) programme, which presents FX views and hedging intentions from the micro, small and medium-sized enterprises (SME) and

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