Although based on XE’s previous article, the Sterling has been pressured since the beginning of the year resulting in the GBPUSD drop from the highs of 1.35 post-election to the levels of 1.2975, it seems the GBPUSD is recovering following the release of stronger-than-expected UK jobs reports.
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XE can help safeguard your profit margins and improve cashflow through quantifying the FX risk you face and implementing unique strategies to mitigate it. XE Business Solutions provides a comprehensive range of currency services and products to help businesses access competitive rates with greater control.
Deciding when to make an international payment and at what rate can be critical. XE Business Solutions work with businesses to protect bottom-line from exchange rate fluctuations, while the currency experts and risk management specialists act as eyes and ears in the market to protect your profits from the world’s volatile currency markets.
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