How Much Can a 1% FX Difference Cost a Growing Business?
A 1% difference on a £100,000 currency conversion represents £1,000. That may seem small when viewed against a company's overall finances, but the impact becomes harder to ignore when overseas payments are large or frequent. The exchange rate attached to each business currency transfer in the UK can quietly influence how much the company spends over the course of a year.
The tricky...
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