| Volatility in Asian currencies this year has caused some companies that have otherwise seen big growth in the region to suffer losses and reconsider their hedging strategies. A number of companies have already issued currency-related earnings warnings ahead of the start of the third-quarter reporting season and analysts expect the number to rise.
adidas Group, for example, said last month that profits could be hurt by weaker currencies in emerging markets, while consumer-goods giant Unilever attributed slow sales growth to “significant currency weakening.”..............................................Full Article: Source
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