FX hedge

[/ˌɛf ˈɛks hɛdʒ/]
nounpl: FX hedges
proteção cambial
1. A financial strategy used to protect against unfavorable exchange rate fluctuations by taking an offsetting position in foreign currency derivatives or forward contracts
The company implemented an FX hedge to protect its European revenue from dollar appreciation.
A empresa implementou uma proteção cambial para proteger sua receita europeia da apreciação do dólar.
2. A derivative instrument or financial arrangement designed to minimize currency risk exposure in international business transactions
The multinational corporation used currency forwards as an FX hedge against peso volatility.
A corporação multinacional usou contratos a termo como proteção cambial contra a volatilidade do peso.
FX hedging is a standard practice in international business in both Brazil and the USA. In Brazil, due to historical currency volatility and the importance of foreign trade, FX hedging is particularly prevalent among exporters and companies with dollar-denominated debt. The term 'hedge cambial' is widely understood in São Paulo's financial sector, while 'proteção cambial' is the more formal regulatory terminology used by the Central Bank of Brazil (Banco Central do Brasil).
Synonyms / Sinônimos
currency hedgeforeign exchange hedgeexchange rate hedgeforex hedge
Antonyms / Antônimos
currency speculationunhedged position

Regional Variations

General Brazilian
proteção cambial
Most common term in Brazilian financial markets and banking sector
São Paulo
hedge cambial
Anglicized version commonly used in São Paulo's financial district
Portugal
cobertura cambial
Portuguese variant using 'cobertura' instead of 'proteção'
General Brazilian
operação de hedge
Formal or regulatory context usage

Related Words

forward contractcurrency derivativeexchange rate riskcurrency swapoption contract

Related Idioms & Phrases

to lock in a rate
to protect against currency risk
to mitigate exchange rate exposure
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