Protecting your Budget from Foreign Exchange Risk

Do you deliver international productions that require foreign currency execution? Join Stuart Talman from Xe Money Transfer to learn how to remove foreign exchange risk and protect your production budget from exchange rate fluctuations.

Following on from a tumultuous 2022, financial markets across the globe are expected to remain extremely volatile throughout 2023. The range of expected outcomes has rarely been larger. This has the potential to cause budgeting problems for producers whose projects have foreign currency requirements arising from offshore financing, international pre-sales, or offshore shoots.

Xe Money Transfer will talk through the tools and knowledge to effectively and accurately budget for exchange rate fluctuations and how best to remove foreign exchange risk via the use of the most common heading tool for currencies – the forward exchange contract. They’ll also provide an update on the state of play in currency markets and project the path for the Australian dollar through 2023 and how this may impact your production.

Image Credit: iStock

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