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What are the advantages of centralized management and decentralized management of foreign exchange risks?
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superiority

Centralized management of foreign exchange risks;

centralized management

(1) is conducive to serving the overall strategy of the company.

(2) It is convenient for comprehensive management and cross hedging of various risks.

(3) Take advantage of cost and use the most economical hedging tool.

Decentralized management:

It is conducive to encouraging local financial managers to conduct foreign exchange risk management according to special circumstances.