Currency volatility will continue to be a major concern for SMEs throughout 2011.
The latest research from foreign currency specialist, HiFX, found that over a third (36%) of companies claim they are worried about the negative impact of currency fluctuations on their business. When assessing their company’s FX exposure, a quarter said they look at what is on offer as and when they need to make a transaction, whereas just over one fifth (22%) keep a watchful eye on exchange rates to ensure they get the best deal. One in five say they check rates at regular intervals. But 18% of respondents owned up to rarely examining their FX exposure when they need to make a...
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