How Infosys excels at currency management

Global business processing outsourcing and consulting giant Infosys has a unique treasury. While the majority of its staff and operations are in India, the opposite is true on the revenue side -- 98% comes from other countries, most notably North America which contributed nearly 66% of total revenue for the year ending March 31. With so much money coming from abroad, the treasury at Infosys is understandably attuned to foreign exchange risk and hedging its currency positions.

V Balakrishnan, chief financial officer of Infosys, sat down with FinanceAsia and explained how the six-person treasury team at one of India's best managed companies manages millions of dollars in foreign...