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Navigating Currency Volatility: How multinationals can reduce exchange rate impact

In the world of multinational business, the ebb and flow in FX rates can spell either boom or bust for companies operating across borders. Here, we unveil some key steps that can help reduce risk as they navigate the wild waters of currency volatility.

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By Cross-Border
May 8, 2024
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Dollar edges down after Powell testimony
Cross-Border

Dollar edges down after Powell testimony

“Looks as if Powell failed to out-hawk markets that were braced for a more explicit ratification of the median projection in the latest dot plot summary of economic projections,” said Karl Schamotta.

That Company
Cross-BorderGlobal paymentsRisk management

That Company

Brett Pattinson is a serial entrepreneur, conservationist, philanthropist, brand strategy and sustainability advisor, and Rockstar (literally: he fronted The Allniters, a popular Australian Ska band that first hit the charts in the 1980s).

Loonie rises on back of U.S. dollar weakness
Cross-Border

Loonie rises on back of U.S. dollar weakness

"The Canadian dollar could push back through the 77-cent mark," Karl Schamotta, chief market strategist at Corpay, told BNN Bloomberg in an email on Friday.

How to Manage Accounts Payable Effectively
Payments Automation

How to Manage Accounts Payable Effectively

Vendor and payment data only grows as a business scales. Managing that amount of data manually can be ineffective and costly. AP automation can reduce costs while freeing up employees for more value-added tasks.

ausbiz: Why the Aussie dollar is likely to remain under pressure
Cross-Border

ausbiz: Why the Aussie dollar is likely to remain under pressure

In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, talks through why the Aussie dollar is under pressure and likely to remain so.

Reduce Paper & Costs with Invoice Automation
Payments Automation

Reduce Paper & Costs with Invoice Automation

With the rising call to reduce paper usage and lower costs, it’s time to explore alternatives that can help controllers and AP managers do more with less.

Smarter payments. Stronger growth. Keep business moving.

See how corpay brings AP, card programs, lodging, fleet and cross-borders together