Foreign exchange risk is not a trivial issue. Global corporations move around $23.5 trillion across borders every year and pay an estimated $120 billion in transaction fees, a large share of which comes from FX spreads and conversion costs. Unmanaged FX risk adds unpredictable costs, slows settlements, and makes reconciliation harder. For businesses operating in... Read more » The post How to Manage Foreign Exchange Risk in Cross-Border Payments first appeared on Thunes.
