What is the best way to mitigate risk exposure related to exchange rate fluctuations?

Foward currency deals---for the retirement of bills 

This is a very lengthy topic and cannot be explained in detail here. However if we have to answer this question in simple terms then we can say that we will use hedging techniques and derivative instruments (i.e. Futures, Forwards, Options, Forward Rate Agreements and Swaps) to mitigate risk exposure related to exchange rate fluctuations. 

• All factors concerning  IMF,export,import,swap,forward,derivatives,options,futures,excessive agricultural produce,fx.etc. should be considered