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BizReport : White Papers : Finance

Key Pitfalls CFOs Should Avoid in Currency Exchange Risk

Nearly 80% of small and mid-sized businesses in the U.S. export or import products, services, or supplies and therefore must deal with foreign exchange or FX risk — even if they don't realize it. Currency exchange risk can impact more than just profit margins; it can also affect:

  • Accounting, tax, regulatory, analytical and capital markets domains
  • Manufacturing production cycles
  • Cash flow
Since FX risk often flies under the radar, this whitepaper explores the multiple ways it can impact business and offers potential FX risk management solutions.

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