Case Study – “a comprehensive risk strategy backed by expert market insight”
18/Apr/2016 • Currency Updates•
Underestimating the currency markets can have a devastating effect on your bottom line but this can easily be avoided if you employ the right risk strategies and market insight.
Ebury helps many organisations mitigate their currency exposure, from large companies to SMEs and charities, so we’re familiar with the numerous challenges posed by foreign exchange. We provide organisations with the comprehensive risk mitigation strategies, and in depth market knowledge, necessary to optimise currency trades.
We recently helped one UK business, an exporter of agriculturally produced food, to mitigate their currency risk for the next 18 months through a forward contract, underpinned by the provision of a multi-million pound 0% deposit line. By booking the forward contract at the correct time, we also limited the effect of a strong pound, thus allowing the business to achieve a stable exchange at a highly competitive level. They can now draw down from the contract when necessary and achieve a 3-4% better rate than the spot value.
The business can now focus on building their overseas presence and trading relationships, safe in the knowledge that all revenue can be repatriated into their home currency at a reliable rate.
Read our full case study.
Contact us to discuss how your business can also benefit.