A melting pot (TT DecJan09 p14-15)

The Treasurer December 2008 - January 2009

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This year has proved to be challenging for UK corporate treasurers with foreign exchange exposure a key and unexpected emerging risk. With currency movements likely to materially impact cashflow, passively relying on the notion that currency fluctuations will even themselves out in the long run could be dangerous. What is the cause of this volatility, can we expect more and what should corporates do?

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