
CURRENCY RISK MANAGEMENT ESSENTIAL FOR IMPORTERS
- O&A Team
- May 13, 2021
- Business
- Currency, First National Bank
- 0 Comments
WORDS: RICHARD PROTER, HEAD OF BUSINESS, FNB FOREIGN EXCHANGE Currency risk management has never been more essential for importers and, especially in South Africa, importers need to take currency risk management very seriously. All companies of course should, but it’s particularly important for those that import because the rand tends to weaken very quickly, and this often goes hand in …
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