BMW signals rise in 2005 hedge rate - paper

Newswire

FRANKFURT, April 26 (Reuters) - German premium carmaker BMW is considering further hedging measures this year to shore up its remaining currency risk, its finance chief said in an interview published on Tuesday. "When looking at the full year, the hedge rate could be considerably higher than the current level," Stefan Krause told German daily business newspaper Boersen Zeitung. The CFO reaffirmed that the company had already hedged more than 50 percent of its net dollar exposure for ...

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