How Retailers Use Fintech to Hedge Currency Risk
Retail Times
"Retailers in the United Kingdom are increasingly facing currency exposure as they sell through international e-commerce marketplaces. Revenues are frequently received in United States dollars or euros, while most operational costs are incurred in pounds. Financial technology tools are now used to manage this currency risk, providing real-time visibility, multi-currency capabilities and automated hedging functions. These tools are becoming more accessible to retailers of all sizes."
