Case | HBS Case Collection | 2012 (Revised from original 2004 version)

Farmington Industries, Inc.: Managing Currency Exposure Risk

by David F. Hawkins and Jacob Cohen

Abstract

The December 20, 1994 Mexican devaluation creates U.S. dollar losses for an unprepared U.S. corporation with multiple operations in Mexico.

Keywords: Accounting; Currency; International Finance; Multinational Firms and Management; Risk Management; Mexico; United States;

Citation:

Hawkins, David F., and Jacob Cohen. "Farmington Industries, Inc.: Managing Currency Exposure Risk." Harvard Business School Case 104-053, December 2012. (Revised from original January 2004 version.)