Protect your company and preserve profits with a currency risk management strategy
When trading internationally, businesses accept that there is a natural FX risk arising from currency market movements. All major currencies - whether due to politics, economics or other external factors - will fluctuate against each other, creating both risks and opportunities for your business.
Risk Management FAQs
What is currency risk?
Foreign currency markets are affected by political and economic events around the world and are prone to volatility. This can cause sudden exchange rate shifts, affecting the value you receive when exchanging currency. For businesses who rely on collecting overseas revenue or making frequent international payments, this can create financial risk, not to mention make it difficult for them to forecast their costs and income.
What are the tools of foreign exchange risk management?
With a moneycorp business account, you’ll enjoy access to a wide range of currency contracts and options to help you manage your foreign exchange risk. These include spot contracts and forwards as well as stop loss orders and limit orders. Our dedicated currency specialists can talk you through these tools and tailor a solution that fits the requirements of your business.