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Small businesses leaving themselves vulnerable to currency fluctuations
Inside Small BusinessResearch by East & Partners commissioned by WorldFirst, a global digital payments and financial services platform for SMEs engaged in cross-border trade, has found that Australian small businesses are missing out on valuable Foreign Exchange (FX) opportunities and are more vulnerable to currency risk stemming from mounting interest rates and persistent inflation.
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Investigation: Asian SMEs suffered losses as high as 70,000 USD due to increased FX Fluctuations
Wed, September 30, 2020 Asia Singapore  East & Partners ,Financial Results ,Foreign Exchange ,SMEThe 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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FX: what’s in store for corporate treasurers in 2020?
Mon, June 08, 2020 Asia  Foreign ExchangeHere’s where 1,900 companies with FX exposure believe the region’s most important currencies will be by the end of the year.
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Luckin Coffee’s US$400 million convertible bond faces forced selling by index trackers
Exchange-traded fund managers who have been tracking Luckin Coffee’s US$400 million convertible bond issued in January will likely have to sell out if the US Nasdaq exchange follows through on its intention to delist its shares.
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Protecting Your Business From Foreign Exchange Fluctuations In A Volatile Market
Wed, May 20, 2020 Australia  Foreign ExchangeIf there’s one thing that the current COVID-19 pandemic has reminded us of is the fact that unforeseeable events can happen at any time, and with potentially devastating repercussions for any business that relies on transacting in foreign currency.
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Banks losing share in corporate currency business – report
Sun, January 17, 2016 Foreign ExchangeSmall and medium-sized British companies are increasingly looking outside banks for foreign exchange in search of better rates and services, a survey showed on Sunday.
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Banks battle to maintain dominance of UK’s business foreign exchange market
Fri, January 15, 2016 Foreign Exchange ,ResearchAs businesses across the UK seek to minimise the risks of currency fluctuations, the business foreign exchange market shows strong growth as well as fierce competition, according to new research from market analysts East & Partners.
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Currency fluctuations unnerve small business
Thu, August 27, 2015 Australia  Foreign ExchangeSmall business Australian businesses may have a more sophisticated approach to hedging currency risk compared with their global equivalents, but they are more spooked by foreign exchange fluctuations.