Although sterling was slightly rattled after the Prime Minister called off negotiations with the European Union on Thursday, it still managed to beat the Norwegian krone on the day...
If your business operates internationally, your revenue may be impacted
Since the EU referendum, currency markets and the British pound in particular, have been intrinsically tied to Brexit. Therefore, if your business imports or exports internationally, or has global suppliers, then your bottom line could be affected by the UK's departure and subsequent currency fluctuations. With less than 100 days to go until the UK reaches its new start, now is the time for businesses to prepare and consider all of the government advice.
Receive the market knowledge and guidance you need right now with the moneycorp Brexit Resource Hub, and navigate the choppy waters of foreign exchange with our team of dedicated dealers, on hand to support businesses with FX, global payment solutions and risk management.