Currency Risk Management - Okoora

Currency Risk Management

A collection of 15 posts

What are the Risks in the Foreign Exchange Market?

Currency Risk Management

What are the Risks in the Foreign Exchange Market?

The currency market is the largest investment market in the world, with an average daily volume of about five trillion dollars. Foreign currencies can fluctuate in value because of inflation, unemployment, or election results. Volatility can also be triggered by other news or global events like weather or pandemic. Running

FX option- an Insurance Policy that Protects you from Currency Markets Movements

Currency Risk Management

FX option- an Insurance Policy that Protects you from Currency Markets Movements

FX options are effectively an insurance policy that can be a great way to hedge an investor's spot in currency market. Currency market fluctuations can have a lasting impact on cash flow whether it is buying a property, paying salaries, making an investment or settling invoices. By utilizing FX options,

What Makes Currency Market Move?

Currency Risk Management

What Makes Currency Market Move?

The currency market is the largest investment market in the world, with an average daily volume of about 5 trillion dollars. Currency prices can fluctuate based on the economic situation of the countries whose currency you’re trading, world news, political actions, and several other reasons. In this article, we

Top 4 Mistakes That Companies Make in Currency Risk Management

Currency Risk Management

Top 4 Mistakes That Companies Make in Currency Risk Management

Every business that uses a foreign currency becomes vulnerable to currency rate fluctuations. The rate's ups and downs will impact the business's future worth and its medium and long-term competitiveness. Businesses can suffer a dead loss if the currency changes to their disadvantage between the time they complete a sale

Forward Contracts: Lock in Today’s Rates for the Future

Currency Risk Management

Forward Contracts: Lock in Today’s Rates for the Future

Exchange rates move constantly. Forward contracts give your business the freedom and flexibility to take the unpredictability out of currency conversion and budget effectively to protect your profit margins from negative market movements. This means no more worrying about exchange rate volatility. Regardless of which direction the market moves you

Three Tools That Will Help You Reduce Exchange Rate Volatility

Currency Risk Management

Three Tools That Will Help You Reduce Exchange Rate Volatility

Running a business that is exposed to the foreign exchange market means you’ll always be subject to foreign exchange rate risk. Throughout each week, the value of different currencies is always in flux—from hour to hour and from day to day. Foreign currencies can fluctuate in value because

Locking Exchange Rates: Turning Exchange Rate Swings to your Advantage

Currency Risk Management

Locking Exchange Rates: Turning Exchange Rate Swings to your Advantage

INTRO: Fluctuations in foreign currency rates could cause you to lose money. Maintaining a dynamic response to currency fluctuations requires you to be alert. When you set up an agreement to lock rate, you achieve stability and eliminate risks, meaning you will no longer be affected by exchange rate changes,

5 Simple yet Powerful Tools for Successful Workflow Management

Currency Risk Management

5 Simple yet Powerful Tools for Successful Workflow Management

INTRO: Once you’ve realized that your business could be running much more efficiently by using market insight software, you know there’s no going back. Identifying the need for a currency management program is an important first step; but with several options for currency management programs available today, why

Top 4 Mistakes Growing Businesses Make on Hedging Transactions

Currency Risk Management

Top 4 Mistakes Growing Businesses Make on Hedging Transactions

Running a business on the international market means operating across country borders and currencies—but you don’t have to be at the mercy of a fluctuating exchange rate. With such a high risk for coming in over budget, savvy growing businesses with an eye on the global stage compare

Why You Should Hedge your Cashflow with ABCM™

Currency Risk Management

Why You Should Hedge your Cashflow with ABCM™

INTRO: Cashflow is the lifeblood of every business, and a company’s stability is ultimately determined by its ability to sustain a positive cashflow for the long term. Keeping a positive cashflow, where your income is higher than your expenses, can take a negative turn if you don’t consider

Keep Alert with ABCM™ Risk Alerts

Currency Risk Management

Keep Alert with ABCM™ Risk Alerts

As a business owner, you are preoccupied with a million activities. The bigger the business, the bigger the challenge of managing multiple currencies in different accounts and keeping up with multiple alerts, that are difficult to monitor. IMAGE Timing is everything. If your business depends on timely alerts to keep

Meet Okoora —Creator of the First Fintech Game-changing Platform

Global Payments

Meet Okoora —Creator of the First Fintech Game-changing Platform

INTRO: Waiting for the day to find that perfect solution to run all your business’s currency transactions? You don’t have to. If you’re looking to improve efficiency in your business, Okoora’s AI-powered, cloud-based platform is here to help you manage the entire currency lifecycle. Control your

Why a Customized Risk Management Policy Counts?

Currency Risk Management

Why a Customized Risk Management Policy Counts?

INTRO: Currency rates may fluctuate by several percents on any given day. For businesses, this can result in a substantial profit or loss. Building smart and customized risk management strategies is extremely important in order to avoid losing money. IMAGE To protect your company's finances from a sudden market shift,

Why You Should Optimize Your Currency Management?

Global Payments

Why You Should Optimize Your Currency Management?

INTRO: In an increasingly globalized market, making it in the business world means staying on top of financial trends across the globe. Whether you’re a new startup company just getting on your feet or a large enterprise looking to broaden your suite of financial solutions, currency management automation can

Automated Currency Management. For Everyone. Everywhere.

Global Payments

Automated Currency Management. For Everyone. Everywhere.

INTRO: According to recent surveys, workers spend up to 20 hours per week on performing manual operations and tasks. As a result, the demand for automation tools is on the rise. Whereas there is an abundance of solutions that address a variety of core business operations, the area of financial