Case | HBS Case Collection | January 2004 (Revised December 2012)

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: International Finance; Globalized Firms and Management; International Accounting; Currency; United States; Mexico;

Citation:

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