Recent market volatility across many of the major currencies is becoming a growing concern for many South African businesses. Considering how the USD/ZAR is trading at the moment – this is exactly why businesses with regular currency payments need to start including innovative currency products into their payment processes and decision making.
Tag Archives: Exchange Rates
In addition to the reduced transfer fees, the difference in exchange rates could easily equate to annual saving of tens of thousands of Rands.
If your business Imports or Exports, then you are exposed to exchange rate risk. Whatever industry you’re in, volatility in the foreign exchange market could be disrupting your cash flow, complicating your forecasts or even worse, eating into your profits. More and more South Africa SMEs are discovering the advantages of using Forward Contracts to