How Exporters Can Take Advantage of Brexit
Uncertainty is the name of the game at the moment – no one seems to be sure when, how or if Brexit is happening, and the rumours are flying fast. This uncertainty has translated to the currency markets, and the weak pound has been hitting headlines. For exporters, however, this is good news – and with the right currency strategy, you can use Brexit to boost your profit margins. what’s happened in the currency markets Since the result of the referendum was announced, we’ve seen big movements in exchange rates – sterling slid dramatically, reaching its lowest against the dollar for 31 years. With political unrest in the UK and an uncertain timeline on Brexit, everyone is expecting volatility in the currency markets to continue for some time. What this means for exporters British exporters st... »
