Hedging techniques from exchange rate risk in sectoral foreign trade companies

While we are just entering the 21. th centries the world have lived the globalization. So companies that have to adjust themselves to the_ competitive environment have encountered the foreign exchange risk. In this case, small and middle-size companies (SMSc) and all other companies have, to collaborate each other in order to protect themselves many kind of risks. Expecially, companies have to hedge.foteign exchange risks, Especially,, goverment has encourated the small and middle-size companies to cooperate each other in order to adjust themselves to the competative global environment in Turkey. Small and middle-size companies has involved the Sectoral Foreign Trade Companies a good example in the case. The small and middle-size company has organizated the type of the Sectoral Foreign Trade Companies to solve finance,, marketing, reserch and development* costing and risk management problems. They also have taken advantages as group of companies by using internal hedging techniques and so they can be used external hedging techniques. As a result, they have kept living and maximized their market value at a globalization.