Companies have two types of risk with short term currency fluctuation:
Translation and Transactional. Translation risk will taken care of when the asset and the liability is in the same currency and the profit/loss on the currency will be set off against each other. Transactional risk must be minimised by making use of Hedging of any sales or purchases especially in times where uncertainy is very high and fluctuation are due to happen.

The topic has made me aware about hedging and the two types of foreign currency risks - transaction risk and translation risk. It has also guided me to go through the right standard IAS21 to review this further.A nice to know article.

The article is quite informative and gives practical steps that help in preparing for risk associated with  rates movements. I enjoyed reading it and will help me going forward in scanning the environment. 
The article made sense to me because i have been involved in calculating translation reserves.
I hope to impart the knowledge to my colleagues as well

I very topical article, with the illustrated example being particularly useful.

I found it unusual that my own organisation does not hedge foreign currency and we have been left exposed post-Brexit as we report in USD but have significant income generation here in the UK.

I will look more into some reading on currency hedging - it is a topic i find interesting and could be of value in my current role, future positions, and is relevant given the increasing uncertainty in the global economic environment.

CIMA covers this topic very well in its program. Its nice to read such topic cause concept out at sight is out of mind. This article helps to refresh our knowledge.