Thought Leadership Courtesy of FiREapps
One year after the United Kingdom European Union referendum, currency exposures are top of mind to board members, CEOs and CFOs.
Confidence in currency risk begins with analyzing comprehensive data.
Concerned about your organization’s global currency exposure? Managing risk begins with analyzing timely, comprehensive data.
Following UK's Brexit decision, Wolfgang explains how companies are being impacted by the currency market volatility and what steps treasurers are taking to mitigate the risks.
Global corporations are asking not only “How low will the pound go?” but, more importantly, “How will Brexit impact the corporation across all of its currency pairs [which may number in the hundreds]?”
China's move, just two days after saying it would not devalue its currency, is unfortunately business as usual.
Volatility will no longer be the "new normal" but just the norm; it will be the "year of the yuan"; and FP&A teams will be pressed for insights.