Paul Kammel

In the film Wall Street, Gordon Gecko said, “Money never sleeps”, and this quote never rings truer than in the world of international trade.

If you’re trading with suppliers in China, taking advantage of the recently unlocked Renminbi currency can help with cash flow, profit margins and negotiating.

Well, 2012 is done and dusted. We survived the fiscal cliff, the end of the world, and currency volatility continued to be the norm. During the Christmas and New Year period alone, currency markets rode a roller coaster up and down a 200 point range.

Months of economic turmoil for the global economy has led to instability, which particularly affects cross-border business. While larger businesses are often set up to deal with this volatility, a process called hedging provides an opportunity for SMEs to do the same and maximise profits and revenue, minimise costs, and stay competitive.