Volatile Pound causes hedging headache for virus-stricken firms

British twenty, ten, and five pound notes sit in this arranged photograph in Danbury, U.K., on Monday, March 23, 2020. The pound rose, boosted by broad dollar weakness, after the U.K. government banned all unnecessary movement of people for at least three weeks in order to reduce the spread of coronavirus. Photographer: Chris Ratcliffe/Bloomberg
British twenty, ten, and five pound notes sit in this arranged photograph in Danbury, U.K., on Monday, March 23, 2020. The pound rose, boosted by broad dollar weakness, after the U.K. government banned all unnecessary movement of people for at least three weeks in order to reduce the spread of coronavirus. Photographer: Chris Ratcliffe/Bloomberg

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