Economic ‘nervousness’ affecting trade
Currency fluctuation is a barrier to trade between the north and south, writes Dermot Corrigan
Continuing uncertainty in the exchange rate between euro and sterling is the single biggest barrier to cross-border trade in the current economy, according to Liam Nellis, chief executive of cross-border trade and business development body InterTradeIreland (ITI).
‘‘The top barrier to cross border trade now is currency fluctuation, which was not really featuring this time last year. Towards the second half of 2008, the strength of the euro against sterling had a significant impact on...
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