SHI decided to receive shipbuilding payment in Korean won instead of the US dollar for the first time in Korea’s shipbuilding industry. SHI has been hedging against exchange rate fluctuations to prevent profit from falling, and this new contract enables a strengthened hedging activity.
News
about 19 years ago
SHI receives payment in Korean won
SHI decided to receive shipbuilding payment in Korean won instead of the US dollar for the first time in Korea’s shipbuilding industry. SHI has been hedging against exchange rate fluctuations to prevent profit from falling, and this new contract enables a strengthened hedging activity.
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