Business Currency | Trade Finance Currency Solutions | 2022 FX Hub

TFG Business Currency Guide

Trade Finance Global / Business Currency | Trade Finance Currency Solutions | 2022 FX Hub

Business Currency | Trade Finance Currency Solutions | 2022 FX Hub

Trade Finance Global are experts in foreign currency for business, with a wealth of useful information on currency products, international money transfer and expert traders to help you manage currency risk and trade abroad in all major currencies.

Featured Insights

Shockwaves from the FTX collapse may impact trade digitalisation efforts 2 Too big to fail: shockwaves from the FTX collapse may impact trade digitalisation efforts The notoriously volatile cryptocurrency market suffered another serious blow earlier this month as FTX, once one of the largest cryptocurrency exchanges in the world, met its rapid end. 
TFG Weekly Trade Briefing TFG Weekly Trade Briefing, 24th October 2022 Your Monday coffee briefing from TFG – Trade digitisation: the legal framework that will facilitate efficient trade
The FX market definitions, drivers, and difficulties The FX market: definitions, drivers, and difficulties In late September the pound fell spectacularly from above $1.12 to a new record low of $1.035 versus the US dollar.

It’s true that the dollar had been appreciating for many months, and the pound was one of the most undervalued currencies of the year, but this was news making headlines and front pages around the world, and it was exclusively a domestic problem.

Access trade, receivables and supply chain finance

We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.
Get started

Videos – Currency & FX

Business Currency Podcasts



Currency & FX – Frequently Asked Questions

Why is currency hedging important?

Recent events around trade wars and referendums have driven volatility in major FX markets. As a result, the volatility of currencies has increased significantly and is now becoming a common occurrence. Managing volatility and currency risk are key for any business owner; the management strategy a company undergoes is critical for its success, a healthy balance sheet and reliable transfer of currency from overseas customers. Furthermore, margins are often squeezed as a result of increased regulatory scrutiny and KYC requirements.

There are an increasing range of FX instruments and products that if implemented, can help companies in the form of risk management. Risks include:

  • Exchange rate volatility
  • Political risk
  • Interest rate changes
  • LIBOR and INTERBANK rate changes

When trading in exotic currencies, the fluctuations and volatility of currencies are a lot more than common FX pairs. So risk management, hedging of currency risk and monitoring FX changes is critical to the business owner, especially if margins are thin (e.g. for commodities traders and producers).

Various strategies are used to manage currency risk and these usually involve using spot contractsoptions, and forwards.

Who are Trade Finance Global's currency team?

The Trade Finance Global team are experts in trade finance, helping businesses trade domestically and overseas. Currency solutions for businesses are vital to protect margin and revenue for any business, especially during times of foreign exchange volatility.

With simple planning, talking to experts, and implementing strategies which can help protect your business, maximise returns when trading in different currencies and reduce the risk, Trade Finance Global is the only multi-product solution for trading overseas.

Strategic Partners

ITFA LOGO
ICC Logo
FCI Logo
IOEIT
SME

Contents

Access trade, receivables and supply chain finance

We assist companies to access trade and receivables finance through our relationships with 270+ banks, funds and alternative finance houses.
Get started

Latest News

16Nov

Too big to fail: shockwaves from the FTX collapse may impact trade digitalisation efforts

0 Comments

The notoriously volatile cryptocurrency market suffered another serious blow earlier this month as FTX, once one of the largest cryptocurrency… Read More →

16Nov

Banking behemoths launch CBDC system pilot

0 Comments

On November 15 a group of major banks including Citigroup, HSBC, BNY Mellon, Wells Fargo and the Federal Reserve Bank… Read More →

24Oct

TFG Weekly Trade Briefing, 24th October 2022

0 Comments

Your Monday coffee briefing from TFG – Trade digitisation: the legal framework that will facilitate efficient trade… Read More →

19Oct

The FX market: definitions, drivers, and difficulties

0 Comments

In late September the pound fell spectacularly from above $1.12 to a new record low of $1.035 versus the US… Read More →

12Oct

Visa’s outlook on changes in the trade and treasury landscape

0 Comments

To learn more about the treasury landscape Trade Finance Global’s (TFG) Annie Kovacevic sat down with Colleen Ostrowski (CO) at… Read More →

11Oct

Bank of America extends its payment API capability to over 350 payment types

0 Comments

Bank of America today announced the launch of an expanded CashPro Payment API through which clients can access more than… Read More →

21Sep

Procure to pay in a global economy: how businesses can acknowledge FX in their processes

0 Comments

At what point can a business acknowledge foreign exchange (FX) in their procure to pay (P2P) process, and at what… Read More →

27Jul

The continued evolution of cross-border payments

0 Comments

Cross-border payments are at the core of international finance and economic activity and it have undergone dramatic changes over the… Read More →

22Jul

State Bank of Pakistan introduces exchange controls as dollar soars

0 Comments

In a bid to curb declining forex outflows, the State Bank of Pakistan (SBP) introduces exchange controls and limited imports…. Read More →

15Jul

Reserve Bank of India greenlights cross border trade transactions in rupees

0 Comments

Indian exporters and traders can now accept payment in Indian Rupees (INR), rather than US dollars, according to new rules… Read More →

07Mar

TFG Weekly Trade Briefing, 7th March 2022

0 Comments

Among our top stories: Going nuclear – SWIFT ban to hamper Russian trade… Read More →

03Mar

Rouble on the run: Russians scramble to dump cash for crypto as sanctions bite

0 Comments

When the rouble plummets, where do Russians put their money? TFG’s Marcus Lankford investigates… … Read More →

21Feb

Asian emerging markets and the Fed: Dark clouds or a bright future?

0 Comments

Could meaningful action by the US Fed this year see capital attracted back to the US, putting recent Asian emerging… Read More →

17Feb

LIBOR cessation and the transition to alternatives in sterling markets

0 Comments

In this article, the Bank of England’s Alastair Hughes talks about LIBOR cessation and risk-free rate alternatives… Read More →

16Feb

The Fed’s next steps: Monetary policy and implications for social stability

0 Comments

In this article, James A. Fok, author and former HKEX executive, considers how a US Fed rate hike could affect… Read More →

About the Author

Trade Finance Global (TFG) assists companies with raising debt finance. While we can access many traditional forms of finance, we specialise in alternative finance and complex funding solutions related to international trade. We help companies to raise finance in ways that is sometimes out of reach for mainstream lenders.

Back to Top