Exchange Rate Hedging

19th Jan 2010 15:45



19 January 2010

International Personal Finance plc

("IPF" or "the Group")

Exchange rate hedging 

IPF has put in place foreign currency contracts to hedge the majority of forecast Group profits for the 2010 financial year, at rates which overall are similar to those used to translate the results for the 2009 financial year.

	Exchange rates
	Hedged rate
	2010
Poland	4.7
Czech Republic	29.5
Slovakia	1.1
Hungary	313.6
Mexico	21.2
Romania	5.0

 

For further information contact:

Finsbury +44 (0) 207 251 3801

James Leviton

Charles Watenphul

International Personal Finance plc

Helen Spivey +44 (0) 113 285 6876

 

 

ENDMSCEASFNFLFEEFF

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