Hedging EM currency exposure presents corporates with challenges that differ materially from G10, including uneven liquidity, wider pricing and limited hedging tenors. This session examines how corporate FX teams manage EM and frontier currency risk where exposure can build quickly, pricing gaps appear around weekends or market closures, and hedging costs are higher.

Speakers will discuss how they hedge forecast revenues, costs and existing EM exposures when market access and liquidity vary significantly by currency. The panel will share practical examples of how corporates structure hedges, manage cost and use proxy or correlation-based approaches where direct hedging is inefficient or unavailable. A focused discussion on how FX teams balance risk reduction and cost across EM currencies.

A peer discussion for corporates on hedge policy implementation, execution standards, internal alignment and the realities of operating consistent FX processes across regions and systems.