Getting to grips with foreign exchange risk

Currency movements can eat into profit margins in new markets, so planning ahead is key

23rd April, 2017
Sinead Fitzmaurice of TransferMate in Kilkenny Picture: Dylan Vaughan

Export markets can create valuable opportunities for Irish companies, allowing them to build revenues in new markets.

For businesses keen to trade internationally for the first time, however, it is worth bearing in mind that revenues and costs generated in different currencies carry their own risk.

This risk, called foreign exchange (FX) risk, occurs when currency movements eat into profit margins on sales in other territories. This risk occurs because the currencies bought and sold...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Flexibility and choice: key for companies moving to the cloud

Why CIOs need to educate their board

The road to business recovery starts here