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Investigation: Asian SMEs suffered losses as high as 70,000 USD due to increased FX Fluctuations

Investigation: Asian SMEs suffered losses as high as 70,000 USD due to increased FX Fluctuations

The research results of Oriental Partners, a financial institution research company, pointed out that 64% of the interviewed companies admitted that they suffered at least one foreign exchange loss from mid-February to mid-August this year, indicating that this is a common problem. The amount of loss ranges from US$1,000 to US$71,400, which means that the average amount of each loss is about US$11,500.

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