#Exchange Rate
New financial year sees export sentiment lift
Australia’s exporters are more optimistic about the year ahead than they were six months ago. That’s one of the key findings of Efic’s latest Exporter Sentiment Index – a survey of more than 1,200 SME exporters. Nearly half (46%), believe the economy will be better in the next 12 months than it was in the […]
The high-risk countries for budding exporters
Too many Australian businesses are jumping into exporting without fully understanding and researching the risks involved, resulting in business losses and unnecessary expenses. There are a lot of country-specific details that businesses should be aware of before they consider exporting. For example, Turkey, Brazil, Indonesia, and India are currently viewed as high-risk areas because of […]
Developing a foreign exchange strategy
Exchange rate risk is a reality for exporters. And with so many products on offer to help reduce your exposure, a foreign exchange management strategy is ideal for exporters who want to stay one step ahead of foreign currency deals. All exporters, whether they like it or not, have to deal in the foreign exchange […]