Buddy,
You seem to have a knack for missing the point. If they had of hedged there would of been some form of cost. An outright premium, an increased rate. Somehow it would of cost them something.
I do not know exactly how much but perhaps with your knowledge of forex you could work it out and compare it to the actual forex loss.
cheers
Surly
Buddy,You seem to have a knack for missing the point. If they...
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