Weathering FX Risk in the Face of Tariff Storms
Global tariffs have rocked international markets over recent months. This instability has spread to currency markets too, with the dollar falling against many major currencies, threatening businesses that operate internationally. Here, Eric Huttman, CEO, MillTech, explores the impact of tariff-driven volatility on corporates and how they can protect themselves from FX risk. The last wave […]
Pioneering the First INR Export Transaction for Reduced FX Risk and Increased Trade Flows Between Bangladesh and India
Case study: Walton Hi-Tech Industries When regulators in Bangladesh approved Indian rupee (INR) trade transactions, electronics manufacturer Walton Hi-Tech Industries (Walton) became the first to benefit from the exchange-rate gains. With Standard Chartered facilitating the country’s first-ever INR trade, Walton and its fellow exporters can now enjoy smoother, less volatile trade with Indian buyers. By […]
AI in Treasury: A Smarter Way to Forecast, Not a Magic Fix
AI enhances treasury forecasting by reducing errors and saving time, but it’s the expertise of treasury teams that turns data into actionable insights. Learn how to leverage AI for smarter FX strategies. AI is often celebrated as a transformative technology, but it’s no replacement for critical thinking. For treasurers, AI’s real value lies in its […]
How Private Equity Firms Incur and Manage FX Costs
Many private equity firms find themselves exposed to currency movements in their day-to-day operations yet give FX risk management very little consideration, says Joe McKenna, Global Head of Institutional Solutions, MillTechFX. Here he lays out the ways in which such businesses might incur FX risk – and how they can mitigate this. As private equity […]
Strengthening FX Risk Management Through Clarity and Vision
Many global organisations lack confidence in the accuracy of their FX exposures. Whether they struggle to gather reliable FX forecasts needed to assess the risk or fail to account for the impact of currency fluctuations, visibility gaps impact financial statements and ultimately profitability. Looking under the hood, there are often disconnects among people, teams, processes, […]
FX Global Code’s 7th Anniversary Slips by Without Fanfare
The FX Global Code marked its anniversary on 25 May 2024. Eric Huttman, CEO, MillTechFX, discusses why this milestone flew under the radar and the progress of awareness, adoption, and engagement with the FX Code over the past year. The FX Global Code (the Code) turned seven on the 25 May 2024 and its anniversary […]
FX Global Code of Conduct FAQs
The Global FX Code of Conduct is a comprehensive set of principles and guidelines designed to promote a robust, fair, liquid, open, and appropriately transparent foreign exchange (FX) market. Developed through a collaborative effort among central banks and market participants, it aims to enhance integrity and effective functioning of the FX market. The FX Code […]
ACT Conference Recap on the FX Global Code
At the recent ACT conference held in Liverpool on 21-22 May, I had the pleasure of participating in a panel session focused on embracing best practice through codes of conduct. For those who couldn’t make the session, or the conference, here is my quick recap, focusing on the FX Global Code of Conduct. Fostering transparency […]
Testing the Future: FX Scenario Modelling for All
Effective control of foreign transaction fee budgets means FX scenario modelling. Danny Ross, Managing Director, Argentex, a global payment and currency risk management specialist, tells TMI why. Every business setting cost pricing or managing its budget with foreign transaction fees should at least consider implementing FX scenario modelling into its financial strategy. But according to […]
