Infographic: Managing Foreign Exchange Risk

According to Export Development Canada (EDC), “volatile foreign exchange (FX) rates can pose substantial risks to a business’s cash flow, profitability and competitiveness. In fact, exchange-rate fluctuations is the leading concern that holds back many Canadian companies from increasing their export sales.” 

EDC says the solution is Foreign Exchange Contracts and Foreign Exchange Facility Guarantee

But there’s a solution: Foreign Exchange Contracts and our Foreign Exchange Facility Guarantee. You can get more information on that from EDC here, but before you go, check out the handy infographic below.