Managing overseas currency exposure
How does your business manage its overseas currency exposure?
What steps and systems do you use that gives you transparency, cost saving and a streamlined process?
We track our currency using clear books accounting software. This can re-value our banks accounts using Mid-market rates from XE with a click of a button. We also use a company called Fair-FX and they have account managers who monitor current rates and you can set currency limits to trigger a trade if the markets swing in your favour.