FX Risk Management Support
Managing Foreign Exchange risks is essential when trading overseas. Whether you are receiving or making payments in different foreign currencies, you will want to understand how Brexit may have an impact your global operations. From exports to imports, it is imperative companies plan ahead to ensure you remain competitive in global and domestic markets.
GM Chamber is offering a Free FX Health check, via our Strategic Partner, AFEX, to any company in Greater Manchester and beyond seeking to understand how well positioned they are to manage their FX risks as we fast approach the end of the transition period where we may see some volatility on GBP.
UK Exporters who have been primarily trading on GBP, may also want to consider this going forward to remain attractive in the global marketplace. Trading in currencies which are widely used in your target export markets could provide you a competitive advantage.
Also, you can tap into our Free Currency Impact Calculator, which helps estimate the impact of FX changes affecting your business profitability and how critical it is for your business to manage them.
From now till the end of the transition period, we will be offering this servive to both, members and non-members.