If you think currencies and exchange rates are things that only bankers and traders need to worry about, think again. Many small businesses are subject to exchange rate risk, whether they realize it or not.Take last year’s Brexit vote in the UK, for example. The pound dropped sharply against the euro after the UK’s vote to leave the European Union, with severe consequences for any small businesses trading across borders.

Source: How to Manage Currency and Exchange Rate Risk (For Small Business)

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