In Western Union Business Solutions’ latest guide for global organisations navigating currency exchange and volatility, they uncover the next phase of economic recovery and forecast the key market trends and events set to reshape trade and foreign exchange next year.
Western Union understand the complexity of currency volatility can often feel daunting. Research shows that 66% of finance leaders felt exposure monitoring was their biggest FX pain point during COVID (Treasury Management International Report, 2021). Therefore, it’s critical to re-think the technology and processes you have in place to mitigate the impact on cross-border operations, cash flow and profitability.
If your organisation is doing business overseas, it remains critical to evaluate your strategy for next year. This report helps you do just that.