You would think that with the volatility in currencies, commodity
prices, and interest rates that most companies would hedge these risks. A
recent survey
found that only about one-half of companies with these risks hedge
them. Only 76 percent of the companies in the survey reported exchange
rate risk, but only 52 percent hedge this risk. Only 43 percent of
companies reported hedging commodity risk, and 41 percent hedged
interest rate risk.