Project of hedging currency risk in Unimerco A/S

This master thesis deals with the foreign exchange risk and hedging of these risks in Unimerco Group A/S. The paper consists of three parts. The first part represents the theoretical background for the following analysis. This part explains among others the basis of the currency risk and methods to hedge against this risk. In the analytical part I analyse the exposure to foreign exchange risks of Unimerco and I describe the foreign exchange management of the company. The project part starts from the gained results. I suggest the project of hedging currency risks with the different financial instruments and I look for the optimal solution.