More than two-thirds of UK SMEs trading in foreign currencies say that they have been financially disadvantaged due to currency volatility sparked by the EU referendum, according to a new study by leading SME partner, Bibby Financial Services (BFS). Findings of the ‘SMEs and International Trade’ report reveal that 67 per cent of businesses with
The post Currency risk biggest headache for SMEs after Brexit appeared first on Small Business.
Tag Archive for currency risk
Hot Business News Today
Currency risk biggest headache for small importers and exporters
by Owen Gough • • 0 Comments
More than two-thirds of UK SMEs trading in foreign currencies say that they have been financially disadvantaged due to currency volatility sparked by the EU referendum, according to a new study by leading SME partner, Bibby Financial Services (BFS). Findings of the ‘SMEs and International Trade’ report reveal that 67 per cent of businesses with
The post Currency risk biggest headache for small importers and exporters appeared first on Small Business.
Hot Business News Today
Businesses urged to get plans for currency risk in 2017
by Owen Gough • • 0 Comments
2016 was unquestionably a year of the unexpected. The UK’s vote to leave the European Union (EU) and Trump’s US Presidency victory were just two shocking moments that triggered currency risk and turbulence in financial markets the world over. In light of these unsettling events, a foreign exchange (FX) expert is warning businesses to not remain
The post Businesses urged to get plans for currency risk in 2017 appeared first on Small Business.