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Businesses involved in the manufacturing of goods in one country to be sold in another are highly exposed to the risks associated with fluctuations in the exchange rate. This could be detrimental to the day to day running of your business, cause problems with cash flow and ultimately leave your…
Many businesses are exposed to international markets in some way, this may be through buying raw materials abroad, selling their products in different countries or through foreign investment. For all of these businesses foreign exchange rates and profit go hand in hand leaving them extremely vulnerable to movements in the…
If one or more employees in your business had just one extra working day every month, how much more could they get done and more importantly what could it do for your business? Having a mass international payments solution for your business can help you gain back the time your…
The British Ports Association and Currency UK have today published a report that considers the trajectory of the Pound in the wake of the upcoming Brexit deadline and the potential impact on various aspects of the British economy, relating to ports. The publication plots Sterling against the US Dollar and the Euro…
Any business that deals with international payments risks their profits being heavily affected by movements in the foreign exchange market. Changes in an exchange rate can push up the cost of goods and services which can damage your profits, as well as making it more expensive to change a foreign…
Which FX company is best for my business? It is not only through one-off transactions where a foreign exchange broker can save you money but also in the long-term. The decision to use a foreign exchange specialist to manage your international payments rather than your bank is therefore an easy…
If you are managing budgets abroad or earning fees from other countries, you most likely have some exposure to currency risk. At Currency//UK we understand that international invoices can be difficult to manage and with the volatile foreign exchange markets, it can seem almost impossible. It is therefore imperative that…
We understand the importance for businesses to protect their bottom line, which can be threatened by the volatile foreign exchange markets. During high volatility periods, there can be undesirable effects on profit margins, especially if suitable and effective strategies are not put in place. However, Currency UK has a range…
Opening a business abroad can seem very overwhelming but yet very rewarding. You may have considered this because you have tested a business idea and decided that there is more of a demand for your product or service in another country. Key benefits of starting a company abroad can include…
What’s the first thing you think of when you hear ‘foreign exchange?’ – for most, I would say it is the rate. It’s often the first thing (and sometimes the only thing) people think of and we don’t blame them. After all, the rate is an integral part of the…