You are here
Home > dollar-based loans

FMDQ to banks: hedge dollar-based loans

FMDQ to banks: hedge dollar-based loans

• Global derivatives market estimated at $690.37tr Commercial banks taking dollar-denominated loans should hedge the facility against risk of currency fluctuations, FMDQ OTC Securities Exchange Managing Director/CEO Bola Onadele has said. Speaking during the financial markets workshop in Lagos, he said banks borrowing dollars needed to protect themselves through hedging. “Anyone that takes foreign currency […] …

Top