Mar 19 2018

Paper Manufacturer – Branch Banking Issue

CASE A Paper manufacturing company with import and export turnover of more than 100 crs, is looking at exports in a big way. The company’s finance team is unaware about an efficient forex risk management system. The company’s management have assigned the task to the risk management team at Myforexeye. They are banking with a

Mar 07 2018

Foreign Exchange Risk Management Process Improvement

CASE A U.P. based steel manufacturer having an exposure of around 300cr. The finance team monitors exchange rates on a regular basis and follows the risk management policy as decided by the board of directors. In the past few months management has come across an issue of mismanagement of the forward contract utilisation and instances

Jan 10 2018

Delhi based paper company – Forex Portfolio Management

CASE A Delhi based dollar importer in paper industry having exposure of 100cr. The promoters were Not hedging their exposure and makes payment on spot. Management tracks the forex market movements and local equities. The company usually does a buyer’s credit of 180 days. They wanted to lay more emphasis on the currency risk management

Jan 09 2018

NCR based OEM Company

CASE A NCR based Original Equipment Manufacturer (OEM) having forex exposures of 50cr. The finance team refers online platforms to keep a watch on exchange rates and are unaware about live inter-bank terminals. Myforexeye Value Addition Had a detailed meeting with the management and finance team to discuss their current forex management process. Educated them

Myforexeye-case study
Dec 20 2017

A Pune based dollar exporter and GBP importer.

CASE A Pune based dollar exporter and GBP importer. The promoters are aware about the forex market movements and they regularly track local equities. They are able to manage the usual USDINR and GBPINR conversions with minor slippages in exchange rates. They have dollar amounts in their EEFC account and want to use it to

Dec 16 2017

Myforexeye Value Addition

CASE Punjab Sweet House is an exporter of Sweets and Snacks. Having exposure in USD, AUD and AED with a turnover of 10-15cr, the promoters are little aware about the forex market nitty-gritty’s. Never focussed on the exchange rate being applied, the bank always converts their receivables at the card rate*. Myforexeye Value Addition We