Currency markets are always moving, making it difficult for importers to be sure about the costs and profits of their business. One way importers can protect themselves against foreign exchange changes is by using Forward Exchange Contracts.
Examples are for illustrative purposes only and does not reflect current prices or outcomes.
The information provided on this webpage is intended to be of a general nature only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on the information on this webpage, National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit License 230686) (NAB) recommends you consider whether it is appropriate for your objectives, financial situation and needs. NAB recommends that you seek independent advice before acting on any information on this webpage.
NAB recommends you consider the Product Disclosure Statement or other disclosure document, available from NAB, before making any decisions regarding these products including whether to acquire or to continue to hold a product or service mentioned::
- Foreign Exchange Transactions Product Disclosure (PDF, 329KB)
- Deliverable Spot and Forward CNY & CNH Foreign Exchange Transactions PDS (PDF, 160KB)
The Target Market Determination for this product is available at nab.com.au/TMD.
