Volkswagen Brazil chooses FXGO to manage currency risk

- Miriam Siers
- 03 Apr 2013

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Volkswagen Brazil has adopted Bloomberg's foreign exchange trading platform, FXGO, to manage its global currency risks, the platform provider announced today.

The São Paulo-based subsidiary of the German car manufacturer is now using FXGO as its sole FX trading platform to price and execute currency trades and hedge currency risk for Volkswagen’s operations in Brazil and Argentina. It also plans to roll it out for other subsidiaries across South America.

"Bloomberg's system simplifies our

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