For businesses looking to trade with Europe in the coming months, or those already operating within the EU, it helps to keep an eye on the euro.
Trading overseas is fraught with challenges, and one important thing is to keep an eye on domestic currencies.
The weaker pound has been bad news for some, and good news for others – and exporters seem to be benefiting from more competitive prices to overseas buyers.
In the latest Barclays’ SME Hopes and Fears Index, exporting and international business growth opportunities were voted by businesses as the second most important influence on growth in 2017 at 30 per cent.
Currency fluctuations are affected by political decisions all around the world. With that in mind, here World First provides an overview of how South East Asia countries may react to Trump’s election victory in 2017.
Companies of all sizes need to stay clued up about the strengths and weaknesses of all the currencies they operate in. Here’s a 2017 overview of the non-EU European countries.
The weak pound has started to make itself felt. First Marmite-gate and now other food suppliers seem to be following suit – but when will household budgets and SMEs throughout the supply chain start to feel the pinch?
Small and medium-sized businesses are the lifeblood of our increasingly interconnected global economy. Yet, British SMEs trading internationally are at ever increasing risk of being plunged into confusion over currency volatility.
Holding on to foreign currencies until you've got a better exchange rate can be tempting, but do so at your own peril, warns Hamish Anderson.
SMEs are being encouraged to sell through Amazon and boost overseas trade, in light of ambitious government target to hit £1tn in exports by 2020.
A business that aims to make converting money easy is drawing the attention of some big names – from TfL to Westfield London – and the founders of Fourex are hoping Richard Branson will be next on the list.
London foreign exchange business Kantox, which operates using a peer-to-peer marketplace model, has secured an $11m Series B round – this takes total funding to $19m following its 2011 launch.