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Benchmark to treasury performance.docx - Liqi Wei 43902030...

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Liqi Wei 43902030Benchmark to treasury performanceBenchmarking is a method to set up some standard to assess theperformance of different departments. Furthermore, correct benchmarks alsohelps to encourage employees and influence the corporate culture. Therefore,setting correct benchmarks is important for the board.Foreign Exchange Risk BenchmarkBoral is an international dry construction material company, which hassignificant operation in Australia, the USA and ASIA (Annual Report 2018,p49). Boral`s major business activity is selling dry construction material,based on the nature of business, the Boral`s corporate goal is to control andreduce foreign exchange risk, and it should be identified as cost centre. Boralrecently acquired a subsidiary, and it makes a huge number of overseastransactions every year. However, it is normal for all multi-national business,and foreign exchange rate is sensitive for Boral at average market level.

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Term
Three
Professor
NoProfessor
Tags
Finance, Exchange Rate, Interest, Foreign exchange market

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