US, UK companies cut FX hedges to lowest since 2024, survey shows

LONDON, Sept 18 (Reuters) - Companies in the United States and Britain cut their hedges against big swings in the currency markets to the lowest in at least two years in the second quarter on the back of growing uncertainty about interest rates and inflation, according to a survey by FX and cash management solutions firm MillTech.

Here are the main findings of MillTech's quarterly corporate hedging survey released on Friday:

Reporting by Amanda Cooper; Editing by Toby Chopra

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